Alameda Examine, the funding arm of Sam Bankman-Frie’s crypto empire, has despatched its first tweet ever, and it is aimed straight at the bankrupt crypto alternate, Voyager Digital.
delighted to advance the Voyager loan and rating our collateral aid at any time when works for voyager
— Alameda Examine (@AlamedaResearch) July 8, 2022
The reaction from Crypto Twitter modified into lukewarm to the firm’s first tweet. Some viewed the message as containing a “menacing tone” and modified it into “now no longer very customer-focused” appealing to SBF’s latest string of interviews. David Bailey, the CEO of Bitcoin Journal, is known as the tweet “hypersensitive.”
Alameda Examine Project LLC currently owns 9% of the shares of Voyager after it now no longer too long ago canceled 4.5 million shares to chop its holdings. It also gave Voyager a line of credit rating to the tune of $200 million and 15,000 BTC. Voyager had drawn down $75 million at once after the loan was modified into authorized, which is its monthly restriction.
FTX CEO Sam Bankman-Fried has a stepped-forward relationship with Voyager. He owns shares within the firm alongside Alameda Ventures Ltd and Alameda Examine Ventures LLC. Per Voyager’s latest Chapter 11 monetary catastrophe filing, Alameda Examine Ltd. owes Voyager $377 million, while the credit rating facility was modified into an agreement with Alameda Ventures Ltd.
The online corporations below the FTX and Alameda names are as complex as their affiliation with Voyager Digital. Whereas Alameda Examine Ltd is seemingly prepared to repay its loan to Voyager, it is unclear how that is seemingly impacted by Voyager’s loan agreement with sister firm Alameda Examine Ventures LLC.
The day sooner than Alameda’s tweet, CZ, the CEO of Binance, modified into also clearly perplexed by the difficulty. He remarked that it modified into “arduous to assemble a study” the money drift between Voyager and Alameda.
So, 3AC owes Voyager about a 100m, went bust. FTX/Alameda provides 3AC $100m, nonetheless didn’t assign it.
Alameda invests in Voyager, then takes a $377 million loan from Voyager… ok…
V went bust. FTX did no longer “bail them out” or return the money?
arduous to assemble a study?https://t.co/yx6RJjVZrB
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