• Kirkland & Ellis, on behalf of Voyager Digital, have issued subpoenas to four executives from FTX and Alameda Research requesting an array of documents.
• The scope of the subpoenas is wide, asking for documents related to the loan portfolio between Alameda and Voyager as well as FTX’s financial condition.
• Voyager claims its creditors have suffered “substantial harm” after Alameda made a bid for its assets that it was unable to honor.

Voyager Digital Subpoenas Executives from FTX and Alameda Research

Kirkland & Ellis, on behalf of bankrupt crypto broker Voyager Digital, have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information. The subpoenas are expansive in nature, seeking copies of any documents and communication between FTX entities and the Securities and Exchange Commission or the Department of Justice.

Subpoena Requests Information Related to Loan Portfolio Between Alameda And Voyager

The subpoena also requested information related to the loan portfolio between Alameda and Voyager as well as FTX’s financial condition before and after it filed for bankruptcy on Nov. 11th. Among those who were served were former Alameda CEO Caroline Ellison, FTX co-founder Gary Wang, and Head of Product Ramnik Arora who were requested to provide the necessary information by Feb 17th.

Alameda Seeks To Recover $446 Million Repaid To Voyager

The ties between Voyager and Alameda are deep with the latter seeking to recover $446 million it repaid the former in a Jan 30th filing arguing that because it had paid back within 90 days of filing bankruptcy can “claw back” funds for its creditors benefit.

Voyager Claims Creditors Have Suffered Substantial Harm After Failed Bid By Alameda For Assets

In response to this claim by Alameda, Voyager has argued that its creditors have suffered “substantial harm” after a failed bid by them for their assets which costed them $100 million rendering their claims subordinate than those of other creditors.

FTX co-Founder Little Known As Executives Issue Deadline Of Feb 17th

Little is known about Wang who co-founded FTX with Bankman-Fried but Ellison has cooperated with authorities since exchange’s bankruptcy. With all those involved given a deadline till Feb 17th for providing required information needed by lawyers representing bankrupt crypto broker Voyage digital