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
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
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.
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