Alameda

Alameda To Repay Voyager $200 Million in Crypto
Alameda To Repay Voyager $200 Million in Crypto

Alameda to Repay $200 Million in Crypto to Bankrupt Voyager. Sam Bankman-Fried is a crypto billionaire and well-known figure in the trading sector. Even according to Bloomberg, FTX allegedly tried to purchase Robinhood. According to a court document from insolvent Voyager Digital Ltd., crypto millionaire Sam Bankman-Alameda Fried’s Research will return around $200 million in Bitcoin and Ether that it had borrowed from the company. According to a separate filing made late Monday, the deal to return the cryptocurrency was made public after Voyager’s plea to have the loan to Alameda reimbursed was allowed by a New York bankruptcy court.

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AlamedaFTX Proposal Drop by Voyager, Saw it ‘Harm Customers’
AlamedaFTX Proposal Drop by Voyager, Saw it ‘Harm Customers’

Voyager Digital Holdings rejected Alameda FTX take over proposal. The firm filed a rejection letter stating that Alameda FTX’s proposal was misleading and could harm its customers. Bankman-Fried said customers lost enough already and they should be able to claim their assets. Crypto lending firm Voyager Digital Holdings declined the joint proposal of its competitor Alameda Ventures and FTX (AlamedaFTX) to take over its digital assets for the reason that the proposal was “highly misleading” and could possibly “harm customers.”  FTX, FTX US, and Alameda, companies affiliated to Sam Bankman-Fried, publicized its offer on July 22 to provide early liquidity

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FTX-CEO-Sam-Bankman-Fried-to-Donate-up-to-$1B-for-US-Elections
FTX and Alameda Offer an Early Liquidity to Voyager Users

Sam Bankman-Fried affiliates to provide early liquidity to Voyager clients. The joint proposal was for all the Voyager clients, except loans from 3ac. FTX attempts to secure the transaction by 17 August 2022. Crypto firms co-founded by Sam Bankman-Fried proposed to purchase the digital assets of Voyager Digital, who filed for bankruptcy a week after the major crypto hedge fund Three Arrows Capital (3AC) had been reportedly liquidated amid the so-called ‘crypto winter’.  Bankman-Fried said:  Voyager’s customers did not choose to be bankruptcy investors holding unsecured claims. Earlier this month, the beleaguered crypto brokerage firm Voyager Digital filed Chapter 11

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