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Sohrab Khawas
Sohrab Khawas
Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Jul 08, 2022 11:20 UTC
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Sam Bankman-Fried’s Alameda To Pay Back Borrowed Amount To Voyager? Here Are The Details
Since the Terra crash, the crypto market has been blanketed with a bearish pull which has led many crypto lenders to go bankrupt. Followed by Three Arrows Capital, was the latest lender to file for bankruptcy.
At the start of this week, Voyager Digital filed for chapter 11 bankruptcy where the filing mentioned FTX CEO Sam Bankman Fried’s alameda research 
alameda research - Centralised Exchange 
. It is understood that FTX was the second-largest debtor for Voyager. This statement did create a stability issue in the crypto space, Alameda has decided to give his statement.
In his tweet, Alameda quoted that he was happy to return Voyager’s loan and get his collateral back.
As per Voyager’s certification, FTX owes Voyager $377 million with an interest of 1% to 5%. The filing which was submitted to the New York district court also had a mentioned $75 million of unsecured loans.
Hence, as per the filings, Alameda is the second-largest borrower of Voyager after three arrows capital 
three arrows capital - Investment platform . Following the tweet of Alameda, investors were relieved. However, what needs to be looked at is, that things won’t get normal for Voyager with just this.
Sam Bankman-Fried To Pay Voyager The Borrowed Amount?
In Spite of the fact that Alameda Research claimed to return the borrowed money to Voyager, he also offered $500 million in finance to Voyager. This offer by Alameda was questioned by CZ along with many others.
CEO, Changpang Zhao believes that he and Binance, they like simple deals where there are direct dealings like, what is the revenue or what is the user number. Further says that they are not fans of any statements like hey, I owe you money, pay back, receive more loans, and then bailout.
While many in the space referred to this move as FTX trying to bailout Voyager, Alameda made another tweet which he claimed as follows
At the moment, the investors and traders are yet to analyze Sam Bankman-Fried’s statement, Voyager investors look out for a final statement from the firm.
Yes 
No 
