Voyager Digital, the now-bankrupt crypto brokerage firm, will see its approximately $200 million outstanding crypto loan to Alameda Research returned, according to a court filing published on Monday.
Alameda and Voyager came to an agreement after a New York bankruptcy court granted Voyager’s request to have its loan repaid.
Alameda, the crypto quant trading firm co-founded by Sam Bankman-Fried, the billionaire owner of crypto derivatives exchange FTX, owes Voyager approximately $200 million in an outstanding crypto loan. This amount originates from a line of credit that was worth $377 million before the crypto market’s crash earlier this year.
The loan was initiated in September 2021 and was largely denominated in Bitcoin (BTC), Ethereum (ETH), and the stablecoin USDC.
Per the filing, Alameda will return Voyager about 6,500 BTC and about 51,000 ETH by September 30 this year.
The court documents also revealed that Voyager will return the collateral tied to the loan, including 4.65 million FTT and 63.75 million SRM tokens.
Alameda said in July that it was “happy to return the Voyager loan” and get its collateral back on terms that would suit Voyager.
happy to return the Voyager loan and get our collateral back whenever works for voyager