- 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 accordance 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 grievance 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 reimbursement.
Alameda Analysis behind FTX collapse?
In accordance with the submitting, the collapse of Alameda and its associates was broadly publicized as a result of allegations that Alameda was secretly borrowing billions of FTX trade belongings. There has additionally been a number of debate across the position performed by Voyager and different cryptocurrency lenders who funded Alameda, fueling that alleged misconduct, both knowingly or recklessly.
In accordance 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 trade token issued by FTX) and SRM (the Serum protocol token) as collateral for loans made to Alameda within the type of varied cryptocurrencies corresponding 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, attorneys 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 accordance with the submitting, Alameda requests that the court docket rule that the transfers had been avoidable preferential transfers and award Alameda not less than $445.8 million, plus the worth of any extra avoidable transfers found by the plaintiff, in addition to any charges incurred.