Voyager Digital reportedly had deep ties with SBF-owned Alameda Research

cointelegraph.com:

Voyager Digital, the crypto lending firm that went bust due to the crypto contagion initiated by Three Arrow Capital’s (3AC) insolvency is currently fighting its bankruptcy court battle. The court proceedings and financial documents have shown a deep relation between the crypto lending firm and Sam Bankman Fried-owned Alameda Research.

Alameda is a quantitative trading firm that was also one of many borrowers from Voyager and reportedly owed $370 million. However, within weeks of 3AC's downfall, Alameda moved from a borrower to a lender and offered a $500 million bailout in late June.

SBF took to Twitter to give insights on the bailout deal that eventually became the point of conflict for Voyager. The troubled lender's legal team claimed that the CEO was trying to create leverage for the trade.

1) Voyager lost customer assets, but it still has the majority left.Why haven't those been returned to customers yet?Sad facts from a bankruptcy process.

Legal documents and financial papers point toward the ties between the two companies as early as September 2021. The same documents also indicate that Alameda borrowed much more initially than the current amount of $370M. Voyager’s financial books indicate that it lent out $1.6 billion in crypto loans to an entity based in the British Virgin Islands, the same place where Alameda is registered.

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The legal documents that verify Voyager’s loan to 3AC also show a “Counterparty A” registered in the British Virgin Islands, owing them $376.784 million. In its bankruptcy presentation, Voyager has shown Alameda owes them $377 million.

Alameda was also the biggest stakeholder in Voyager, with an