- Defunct crypto buying and selling agency Alameda Analysis is aiming to reclaim $446 million transferred to bankrupt lender Voyager Digital.
- Voyager had ten completely different mortgage sheets with Alameda on the time it filed for chapter.
In keeping with a brand new lawsuit, defunct crypto buying and selling agency Alameda Analysis, one arm of FTX founder Sam Bankman-Fried’s former empire, is aiming to reclaim $446 million transferred to bankrupt lender Voyager Digital previous to Alameda’s personal chapter submitting.
A criticism filed yesterday in opposition to Voyager Digital and HTC Buying and selling mentions that Alameda repaid all of Voyager’s excellent loans after the lender declared chapter final July. A few of these loans had not but matured when Voyager requested compensation.
Alameda Analysis behind FTX collapse?
In keeping with the submitting, the collapse of Alameda and its associates was extensively publicized on account of allegations that Alameda was secretly borrowing billions of FTX change belongings. There has additionally been plenty of debate across the function performed by Voyager and different cryptocurrency lenders who funded Alameda, fueling that alleged misconduct, both knowingly or recklessly.
In keeping with the submitting, Voyager had ten completely different mortgage sheets with Alameda on the time it filed for chapter. Voyager claimed in varied filings in September and October 2022 that it held FTT (an change token issued by FTX) and SRM (the Serum protocol token) as collateral for loans made to Alameda within the type of varied cryptocurrencies akin to Bitcoin [BTC], Dogecoin [DOGE], Ether [ETH], USD Coin [USDC], and Litecoin [LTC].
The submitting talked about that Alameda repaid Voyager its loans in cryptocurrencies, together with BTC and ETH.
Within the submitting yesterday, legal professionals acknowledged that they had been unable to find out whether or not Voyager held a legitimate and efficient lien or safety curiosity on this collateral at any time, or whether or not the alleged collateral was really linked to any of Alameda’s obligations.
In keeping with the submitting, Alameda requests that the courtroom rule that the transfers had been avoidable preferential transfers and award Alameda a minimum of $445.8 million, plus the worth of any extra avoidable transfers found by the plaintiff, in addition to any charges incurred.