Voyager to keep $445M in Alameda loan repayments pending court order or settlement

Bankrupt crypto lender Voyager and bankrupt crypto exchange FTX have reached a tentative agreement on a $445 million disputed loan payment, with Voyager retaining the disputed funds pending a court order or eventual settlement. Voyager will also continue to hold an additional $5 million in deposit with FTX, but will not use or distribute it "until title to that deposit is resolved in New York Bankruptcy Court and determined by settlement or final and non-appealable order, including the any appeals arising therefrom”. It follows FTX's trading arm, Alameda Research, suing in January to recover some of the loans it repaid to Voyager before it filed for bankruptcy, with Alameda asking the court to award it no less than $445.8 million.