Cryptocurrency News
Voyager Digital reportedly had deep ties with SBF-owned Alameda Research
2022.08.10 22:14
Voyager Digital reportedly had deep ties with SBF-owned Alameda Research
Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) insolvency is currently fighting its bankruptcy court battle. The court proceedings and financial documents have shown a deep relation between the crypto lending firm and Sam Bankman Fried-owned Alameda Research.
Alameda is a quantitative trading firm that was also one of many borrowers from Voyager and reportedly owed $370 million. However, within weeks of 3AC’s downfall, Alameda moved from a borrower to a lender and offered a $500 million bailout in late June.