FTX clawback efforts accelerate with $450M lawsuit against Voyager
Alameda Research has filed a lawsuit to recover $446 million in loan payments made to Voyager Digital near its bankruptcy.
Cryptocurrency news by Protos · Protos
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Show Notes
Sam Bankman-Fried’s bankrupt crypto lending arm Alameda Research has filed a lawsuit against bankrupt crypto brokerage Voyager Digital, in an attempt to reclaim approximately $446 million in loan payments.
The lawsuit described Voyager Digital as a ‘feeder fund’ that ‘fueled’ the misconduct of Alameda Research. A feeder fund is a structure where investors invest in that fund, and the investments are then fed into the ‘master fund’ which executes the investments — a key target for clawbacks in the Bernie Madoff case.
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