Embattled crypto financial investment company Alameda Research is taking legal action against insolvent crypto loan provider Voyager Digital in an effort to claw back loan repayments that FTX made before it collapsed in November.Lawyers handling the FTX and Alameda insolvency case took legal action against Voyager for $445.8 million in a Delaware court on Jan. 30. While both business applied for personal bankruptcy in 2022, Voyager’s Chapter 11 filing came four months previously, in July. Following Voyager’s filing, the crypto lending institution demanded payment of all impressive loans to FTX and its affiliate financial investment company, Alameda.According to FTX attorneys submitting on behalf of Alameda,

these loan repayments are eligible to be clawed back as they were made so near to FTX and Alameda’s own bankruptcy in November.FTX declares it paid Voyager$ 248.8 million in September and$193.9 million in October.

The exchange likewise made a $3.2 million interest payment in August, according to the court filings. FTX acknowledged allegations that Alameda used FTX client deposits for its risky financial investments however added that Voyager and other crypto financing firms were likewise complicit,”purposefully or recklessly”funneling consumer funds toward Alameda with”little or no due diligence.”It stated:” Voyager’s organization model was that of a feeder fund. It got retail investors and invested their money with little or no due diligence in cryptocurrency mutual fund like Alameda and Three Arrows Capital.” The embattled crypto exchange wishes to repurpose any reclaimed funds to pay back a few of its creditors.FTX had prepared to purchase Voyager out of bankruptcy before its collapse in November.Related: Which tokens could FTX discard on the market?In a separate advancement, FTX has actually asked the court to exclude two of its Turkish subsidiaries from the personal bankruptcy procedures. In a movement submitted on Jan. 27, the business has requested the exemption of FTX Turkey and SNG Investments, as it thinks U.S. courts have no jurisdiction in the country and clients had currently begun private claims against the company.”The orders gotten in by this Court do not have legal or useful result in Türkiye and theDebtors have no reason to think that the Turkish

government will comply with this Court’s orders,”the filing specified.