Estates for bankrupt crypto lender Voyager and bankrupt crypto exchange FTX reached an interim agreement on $445 million of disputed loan payments, filings from Wednesday show.
Alameda Research, the trading arm of FTX, filed suit in January to claw back some loan repayments made to Voyager before its own bankruptcy filing. Under the deal, Voyager will keep hold of the disputed funds pending resolution by court order or a final settlement.
In the January filing, Alameda asked a court to award it "no less than $445.8 million (plus the value of any additional avoidable transfers Plaintiff learns," and any additional fees incurred.
(By Sandali Handagama)
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