Sam Bankman-Fried’s company Alameda Research will return over $200 million borrowed in September 2021 to cryptocurrency lender Voyager Digital, which is in the process of bankruptcy.
Alameda Research will pay Voyager Digital 6,553 BTC (about $128 million) and 51,204 ETH (about $70 million) in principal by September 30, according to a filing in the Bankruptcy Court for the Southern District of New York. debt and loan fees, as well as smaller amounts in seven other cryptocurrencies.
In turn, Voyager Digital will return the $160 million used as collateral, including 4,650,000 FTX FTT tokens (approximately $112 million) and 63,750,000 SRM tokens (approximately $49 million) from the Serum decentralized exchange.
Recall that the Bankruptcy Court for the Southern District of New York held an auction to sell the assets of Voyager Digital after the company filed for bankruptcy in June. The winner will be known at the end of September, but it has already been reported that the FTX offer is leading the auction.
Bidders remain confidential as part of the process, but FTX and Alameda Research, owned by Sam Bankman-Fried, released a liquidity offer to Voyager Digital’s lenders in July. In response, Voyager Digital accused Fried’s Sam Bankman ventures of making “misleading or outright false” statements.
Recently, the American edition of Bloomberg stated that 22% of the volume of all transactions on the FTX exchange passes through the market maker Alameda Research. The publication believes that in the future this may lead to a conflict of interest if the authorities do not develop legislation that can resolve such situations.
Source: Bits
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