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FTX Sues Voyager Digital To Get Back $446M

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The bankrupt crypto exchange FTX filed a lawsuit against cryptocurrency lending institution Voyager Digital on Monday.

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They tried to recover $445.8 Million in loan payments that FTX was able to make before its eventual collapse into bankruptcy in November 2022.

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FTX as well as Voyager both declared bankruptcy following a collapse in the markets for cryptocurrency.

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However, Voyager's bankruptcy came before FTX's in four months.

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Following the time that Voyager was filed in July, the company demanded the repayment of all loans in favour of FTX and its affiliated hedge fund Alameda Research.

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FTX announced in a court document that it acted on behalf of Alameda.

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