The filing, made in a federal bankruptcy court in Delaware on Monday afternoon, noted that the total amount Alameda's lawyers want back — $445.8 million — could go higher, if evidence of more payments from Alameda to Voyager is found. They're also seeking the repayment of legal fees.
Alameda Research is one of the more than 100 FTX-linked entities that filed for bankruptcy protection in November, when the crypto behemoth collapsed after a run on its utility token. Voyager Digital had filed for bankruptcy protection several months earlier.
Alameda lawyers took aim at Voyager’s role in the collapse of FTX and Alameda in court documents, calling Voyager a “feeder fund” that did “little or no due diligence” before investing money from retail clients. Former Alameda Research CEO Caroline Ellison has pleaded guilty to criminal charges in a separate case.
Lawyers are seeking to recover funds that Alameda Research paid to Voyager after the crypto lender filed for bankruptcy protection in July and before Alameda Research filed for bankruptcy protection.
“Largely lost in the (justified) attention paid to the alleged misconduct of Alameda and its now-indicted former leadership has been the role played by Voyager and other cryptocurrency ‘lenders’ who funded Alameda and fueled that alleged misconduct, either knowingly or recklessly,” lawyers for FTX and Alameda wrote in the filing.
Voyager's outstanding loans to Alameda Research after Voyager's bankruptcy case began were “repaid in full,” the filing says.
