Embattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw back loan repayments FTX made before it collapsed in November.
While both companies filed for bankruptcy in 2022, Voyager's chapter 11 filing came four months earlier in July. Following Voyager's Chapter 11, the crypto lender demanded repayment of all outstanding loans to FTX and its affiliate investment firm Alameda Research. FTX claims it paid Voyager $248.8 million in September and $193.9 million in October. The exchange also made a $3.2 million interest payment in August, according to the courtFTX acknowledged allegations that Alameda used FTX customer deposits for its risky investments but added that Voyager and other crypto lending firms were also complicit, “knowingly or recklessly” funneling customer funds toward Alameda with “little or no due diligence.
I hope they all go to jail and they can circle ✊ each other indefinitely
FTX doesn't give up