Voyager (VGX) Up 49% Despite $445M Alameda Lawsuit

Alameda Researchassociated with the ftxfiled a case on Monday against Voyager Digital Limited VYGVF to recover a staggering $445 million.

What happened: Despite this news the price Sailor VGX/USD It rose a remarkable 49.2% to $0.76 on Tuesday. This comes after Voyager, FTX and Almeida filed for bankruptcy last year.

However, Voyager’s filing came four months earlier, in July 2022, prompting Almeida to demand that all outstanding debt ftx and its sister company Alameda Research To be repaid

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According to court filings, FTX paid Voyager a total of $446.7 million between August and October, including payments of $248.8 million in September and $193.9 million in October, as well as interest payments of $3.2 million in August.

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disclosure: Benzinga CEO jason raznik Voyager Digital is a member of the unsecured creditor committee in the bankruptcy case.

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