Voyager urges Alameda Research to repay $200M loan News ▸ US ▸ FTX ▸ Bitcoin ▸ Bankruptcy
Voyager urges Alameda Research to repay $200M loan
Voyager asked the court to keep the crypto wallets that would be involved in the transactions private.
1 min read
Updated: Sep. 20, 2022 at 9:50 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bankrupt Voyager Digital requested that crypto trading firm Alameda Research repay its $200 million loan in a Sept. 19 court filing.
According to the filing, Alameda would repay 6,553 BTC (roughly $128 million) and 51,204 ETH ($70 million) to the bankrupt firm. The filing revealed that the Voyager loan included other crypto assets like USDC, Dogecoin (DOGE), Voyager Token (VGX), Chainlink (LINK), Luna Classic (LUNC), Litecoin (LTC), etc.
In return, Voyager would release Alameda’s $160 million collateral. Voyager requested that the loan be repaid by Sept. 30 at the latest.
In July, Alameda said it would be happy to return Voyager’s loan to get its collateral back.
Voyager wants crypto wallets redacted
Voyager requested the court to keep the crypto wallets that would be involved in the transactions private.
According to Voyager, making Alameda’s crypto wallet public would provide commercially sensitive information to the public, leading to “unwarranted speculation and attention surrounding any account activity.”
Mentioned in this article
Bitcoin 
Litecoin 
Ethereum 
Dogecoin 
Terra Classic 
FTX 
Voyager 
Alameda Research 
Binance 
Changpeng Zhao 
Sam Bankman-Fried Author 
Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Litecoin
$89.5625
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world.
Ethereum
$3,353.31
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Dogecoin
$0.38637
Dogecoin is a cryptocurrency created in December 2013 as a joke by software engineers Billy Markus and Jackson Palmer.
Terra Classic
$0.00011
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
FTX
FTX is a defunct cryptocurrency exchange, currently in bankruptcy proceedings, that was founded by Sam Bankman-Fried and Zixiao “Gary” Wang in May 2019.
Voyager
Voyager Digital is a bankrupt cryptocurrency exchange company in the United States that was founded in 2018.
Alameda Research
Alameda Research was once a principal trading firm, operating as an arm of the failed crypto exchange, FTX.
Binance
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.
Changpeng Zhao, popularly known as “CZ,” is a notable figure in the cryptocurrency world, primarily for founding and leading Binance, the world’s leading cryptocurrency exchange by trading volume.
Sam Bankman-Fried is the former CEO, and co-founder of defunct crypto exchange FTX and Alameda Research.
