2 years ago
Bankrupt crypto lender Voyager Digital agreed with FTX and its unsecured credits to clasp the disputed $445 cardinal indebtedness outgo pending a colony oregon tribunal order, according to a Feb. 22 tribunal filing.
The tribunal filing further said Voyager would proceed to clasp different $5 cardinal deposit made by FTX successful escrow. The bankrupt lender added:
“[The $5 cardinal deposit] volition not beryllium utilized oregon distributed until ownership of that deposit is litigated successful the New York Bankruptcy Court and decided by colony oregon a last and unappealable order, including immoderate appeals therefrom.”
FTX, Alameda, and Voyager person a analyzable narration pursuing their respective bankruptcy.
In January, FTX’s sister institution Alameda Research sued the crypto lender for $445.8 million. FTX’s lawyer argued that Voyager “fueled” Alameda’s alleged misuse of lawsuit funds — “either knowingly oregon recklessly.”
Alameda besides objected to Binance.US’s acquisition of Voyager’s assets.
However, Voyager countered that Alameda tried to undermine and sabotage its restructuringFT efforts. The lender precocious subpoenaed apical Alameda and FTX executives implicit their botched acquisition deal.
The station Voyager, FTX scope statement connected $445M loan appeared archetypal connected CryptoSlate.
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