Alameda Analysis, related to FTX, filed a lawsuit on Monday towards Voyager Digital Ltd VYGVF for the restoration of a staggering $445 million.
What Occurred: Regardless of this information, the worth of Voyager VGX/USD surged by a exceptional 49.2% to $0.76 on Tuesday. This got here after Voyager, FTX and Alameda filed for chapter final 12 months.
Nonetheless, Voyager’s submitting got here 4 months earlier in July 2022, which prompted Alameda to demand that every one excellent loans to FTX and its sister firm Alameda Analysis be repaid.
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In response to the court docket filings, FTX made funds to Voyager totaling $446.7 million between August and October, together with a $248.8 million cost in September and a $193.9 million cost in October, in addition to a $3.2 million curiosity cost in August.
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Disclosure: Benzinga CEO Jason Raznick is a member of the unsecured creditor committee within the Voyager Digital chapter case.