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Alameda seeks to recover $446M from Voyager

Published date:

February 2, 2026

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According to Alameda’s court filing, “[Alameda] has analyzed available information and hereby seeks to avoid all of the Transfers as it reasonably believes [these] are avoidable after giving effect to [Voyager’s] known or reasonably knowable affirmative defenses.”

FTX’s sister firm Alameda Research filed a complaint against Voyager Digital to recover $446M worth of crypto assets from the bankrupt lender.

Earlier in 2021, Voyager had issued crypto-backed loans to Alameda. Voyager had ten loan term sheets with Alameda when it filed for bankruptcy on July 5, 2022. In September 2022, the bankrupt lender requested Alameda to repay the FTX Token (FTT) and Serum (SRM)-backed loans.

Bankrupt Alameda demands repayment of $445.8 million in loans made to bankrupt Voyager, which previously loaned to Alameda, but was repaid after going bankrupt. Everyone owes everyone and no one has real money. https://t.co/sWSy58B4dL pic.twitter.com/91cxsql2pr
— Jacob Silverman (@SilvermanJacob) January 31, 2023

In its latest court filing, Alameda claimed that the firm repaid outstanding loans to Voyager in September 2022. Alameda noted that it made the loan repayments just weeks before it filed for bankruptcy protection along with FTX’s other business units.

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The filing also revealed that Alameda transferred $445M in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), USD Coin (USDC), Dogecoin (DOGE), and other tokens to Voyager since July 2022, adding,

“Voyager’s business model was that of a feeder fund. It solicited retail investors and invested their money with little or no due diligence in cryptocurrency investment funds like Alameda and Three Arrows Capital.”

As a result, Alameda has requested the court to allow the firm to recover the $445.8M in addition to legal fees from Voyager Digital.

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Ayush Pande

Written by:

Ayush Pande

Writer

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

About the Author

Radica Maneva

Reviewed by:

Radica Maneva

Senior Editor

Radica is a Senior Editor at Bitcompare. She has worked for more than a decade at leading publications as an Editor across various industries, including crypto and finance.

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