Amber Group Pays Down All Outstanding Loans on Clearpool

Amber Group announced on Twitter that it has paid down all its outstanding loans on Clearpool.

Previously, CoinDesk reported that multiple crypto investments firms, including Amber Group, drained almost the max amount of available credit from their credit pools on Clearpool, receiving a "warning" label. Robert Alcorn, co-founder of Clearpool, clarified that the borrowers receiving warnings was not because they "maxed out", but because lenders withdrew.