Voyager creditors reject Alameda's recovery of the $446 million loan repaid to the former

ChainCatcher news, court documents show that the now-defunct cryptocurrency trading firm Alameda Research attempted to recover its $446 million loan repaid to the bankrupt Voyager Digital, but was rejected by the creditors' committee and Voyager.

Voyager creditors stated that Alameda's "unfair and fraudulent conduct" caused losses of $114 million to $122 million for Voyager and the creditors. The creditors cited previous case law stating that the court can "rearrange the priority of creditor interests and subordinate all or part of the claims of wrongdoers to achieve a fair result." (source link)