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Evening Standard
Evening Standard
Business
Simon Hunt

Battle of the bankrupts as FTX sues Voyager for $446 million

FTX Voyager Alameda Sam Bankman-Fried Crypto Three Arrows Capital

Further signs of the fallout from last summer’s crypto crash emerged today as one bankrupt crypto business, FTX, has sued another bankrupt crypto business, Voyager Digital for $446 million (£361 million) as the pair battle for the scraps of their collapsed digital empires.

Voyager, which filed for bankruptcy in July, had demanded repayment of loans to FTX and Alameda, the hedge fund run by FTX founder Sam Bankman-Fried.

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