Bankrupt Crypto Broker Voyager Set To Receive Nearly $200,000,000 in Bitcoin and Ethereum From Alameda Research

Bankrupt Crypto Broker Voyager Set To Receive Nearly $200,000,000 in Bitcoin and Ethereum From Alameda Research


Troubled crypto lender Voyager Digital is going to receive hundreds of millions of dollars worth of crypto assets from Alameda Research.

According to a recent court filing, FTX CEO Sam Bankman-Fried’s crypto trading firm will give back a loan worth nearly $200 million to Voyager, a crypto brokerage that filed bankruptcy earlier in the year.

The court documents reveal that Alemeda will repay Voyager 6,553 Bitcoin (BTC) and 51,204 Ethereum (ETH), worth nearly $124.5 million and $68.7 million at time of writing, respectively.

Trending: Banks Already Restricting Cash Withdrawals In USA?

“The parties have agreed that Borrower will repay all outstanding amounts under the Specified Loans, giving consideration to all prior repayments and refinancings thereof, in accordance with the terms of the Credit Agreement and this payoff letter.”

Upon receiving the payment,

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