Alameda Research ‘happy to return’ $200M loan to Voyager Digital

Alameda Research ‘happy to return’ $200M loan to Voyager Digital

Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in September 2021. At that time, the sum was close to $380 million. 

Per a recent filing in the Bankruptcy Court of Southern District of New York, the parties have reached an agreement, and Alameda will return around 6,553 Bitcoin (BTC) and 51,000 Ether (ETH) by Sept. 30. In its corporate Twitter account Alameda confirmed its readiness to return the funds:

happy to return the Voyager loan and get our collateral back whenever works for voyager

— Alameda Research (@AlamedaResearch) July 8, 2022

Trending: Banks Already Restricting Cash Withdrawals In USA?

In its turn, Voyager will have to return the collateral in the form of 4.65 million FTX Tokens (FTT) and 63.75

Continue reading


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend