Recall that Voyager filed for bankruptcy four months earlier than FTX – in July. In it, the crypto lender demanded the repayment of all outstanding FTX and Alameda loans.. According to FTX lawyers, these demands may be withdrawn, as they were put forward shortly before the exchange itself filed for bankruptcy.. FTX and Alameda lawyers plan to return $445 million.
“Voyager operated a business model that essentially acted as a feeder fund — it attracted retail investors and invested their funds in cryptocurrency investment funds such as Three Arrows Capital and Alameda,” the statement said.
FTX also acknowledges allegations that Alameda used deposits from exchange customers for its risky investments, but emphasizes that Voyager and other crypto lending companies were also involved.. If FTX manages to recover any funds, then it will send them to pay off debts to some of its creditors.
Earlier, FTX asked the court to exclude its Turkish division from the bankruptcy case.. The company referred to the inability of the Turkish authorities to comply with the requirements of the American court.