Home | Breaking | Sam Bankman-Fried, Other Former FTX, Alameda Executives Subpoena By Voyager Creditors

Sam Bankman-Fried, Other Former FTX, Alameda Executives Subpoena By Voyager Creditors

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The unsecured creditors’ committee of Voyager Digital has served subpoenas on top officials from FTX and Alameda Research, and they are expected to appear remotely for a deposition next week.

Last week, FTX’s bankruptcy administrators also sent subpoenas on Bankman-Fried and other corporate leaders.

Samuel Trabucco, the former co-CEO of Alameda who kept a low public profile after leaving the position in August 2022, is among those included in Voyager’s list of subpoenas.

On February 23, the depositions are slated to take place remotely. Attorneys for Voyager’s creditors are looking into FTX’s effort to save crypto lender Voyager Digital from bankruptcy when it filed for bankruptcy in July 2022.

At the time, FTX’s proposal was met with criticism by the bankrupt crypto lender’s attorneys, who described it as a “low-ball bid dressed as a white knight rescue.”

AlamedaFTX essentially suggests that FTX act as the liquidator in a liquidation. The proposal was intended to generate attention for itself rather than value for Voyager’s clients.

In the end, Binance.US was chosen to purchase the assets of Voyager, and a US judge in New York approved the transaction in the middle of January.

Eventually, it was revealed that Voyager also subpoenaed Nishad Singh, the former director of engineering at FTX, and will plead guilty.

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