Alameda Research is pleased to return the Voyager loan in its first tweet

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Alameda Research is pleased to return the Voyager loan in its first tweet

Alameda Research is pleased to return the Voyager loan in its first tweet
COVER ART/ILLUSTRATION VIA CRYPTOSLATE
Source: CryptoSlate
1657380117 09 Jul / 15:21

Alameda Research, the investing arm of Sam Bankman-crypto-empire, Frie's has launched its first-ever tweet, which directly targets the defunct cryptocurrency exchange Voyager Digital.

The initial tweet from Crypto Twitter was met with lackluster reception. According to SBF's most recent series of interviews, some perceived the message as having a "threatening tone" and "not very customer-centric." The CEO of Bitcoin Magazine, David Bailey, described the tweet as "hypersensitive."

Alameda Research Venture LLC now holds nine percent of Voyager's shares following the recent cancellation of 4.5 million shares to lower its ownership. It also provided Voyager with a $200 million and 15,000 BTC line of credit. Immediately following the loan's approval, Voyager withdrew the maximum monthly amount of $75 million.

Sam Bankman-Fried, the CEO of FTX, has a problematic connection with Voyager. He holds interests in the firm with Alameda Research Ventures Ltd and Alameda Research Ventures LLC. Alameda Research Ltd. owes Voyager $377 million, according to Voyager’s latest Chapter 11 bankruptcy filing, whereas the credit facility was agreed upon with Alameda Ventures Ltd.

The network of firms operating under FTX and Alameda is as intricate as their relationship with Voyager Digital. Alameda Research Ltd may be prepared to return its loan to Voyager, although it is unclear how this may be affected by Voyager’s loan arrangement with Alameda Research Ventures LLC.

The day before Alameda’s post, CZ, the CEO of Binance, was similarly visibly perplexed by the issue. He commented that the money movement between Voyager and Alameda was “difficult to track.”

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