{"id":549175,"date":"2023-02-08T07:10:09","date_gmt":"2023-02-08T04:10:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/voyager-subpoenas-ftx-and-alameda-execs-as-judge-orders-fee-examiner\/"},"modified":"2023-02-08T07:10:09","modified_gmt":"2023-02-08T04:10:09","slug":"voyager-subpoenas-ftx-and-alameda-execs-as-judge-orders-fee-examiner","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/voyager-subpoenas-ftx-and-alameda-execs-as-judge-orders-fee-examiner\/","title":{"rendered":"# Voyager subpoenas FTX and Alameda execs as judge orders fee examiner"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a413102bf151\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a413102bf151\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/voyager-subpoenas-ftx-and-alameda-execs-as-judge-orders-fee-examiner\/#%E2%80%9D_Voyager_subpoenas_FTX_and_Alameda_execs_as_judge_orders_fee_examiner_%E2%80%9C\" >&#8221; Voyager subpoenas FTX and Alameda execs as judge orders fee examiner  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Voyager_subpoenas_FTX_and_Alameda_execs_as_judge_orders_fee_examiner_%E2%80%9C\"><\/span>&#8221; Voyager subpoenas FTX and Alameda execs as judge orders fee examiner  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-4bbf85c5>Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information.<\/p>\n<p>The subpoenas have a very wide scope, with Voyager\u2019s lawyers seeking copies of any documents and communication between FTX entities and the Securities and Exchange Commission (SEC) or the Department of Justice (DOJ) according to the Feb. 6 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cases.stretto.com\/public\/x193\/11753\/PLEADINGS\/1175302062380000000119.pdf\">filing<\/a>.<\/p>\n<p>Amongst a plethora of other requested documents, the lawyers also want to see information relating to the loan portfolio between Alameda and Voyager as well as FTX\u2019s financial condition before and after it filed for bankruptcy on Nov. 11, 2022. <\/p>\n<p>The other executives who were served subpoenas include former Alameda CEO, Caroline <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cases.stretto.com\/public\/x193\/11753\/PLEADINGS\/1175302062380000000126.pdf\">Ellison<\/a>, FTX co-founder, Gary <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cases.stretto.com\/public\/x193\/11753\/PLEADINGS\/1175302062380000000127.pdf\">Wang<\/a> and FTX\u2019s head of product, Ramnik <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cases.stretto.com\/public\/x193\/11753\/PLEADINGS\/1175302062380000000127.pdf\">Arora<\/a> \u2014 each was asked to provide the requested information by Feb. 17.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/85cd8124-293c-4130-bae3-2b5bbb5b8277.png\"><figcaption style=\"text-align: center;\"><em>Little is known about Wang (left) who co-founded FTX with Bankman-Fried, Ellison (right) has cooperated with authorities since the  exchange&#8217;s bankruptcy.<\/em><\/figcaption><\/figure>\n<p>The financial ties between Voyager and Alameda are deep, with Alameda seeking to recover $446 million it repaid Voyager. In a Jan. 30 filing, it argued because it had paid Voyager back within 90 days of filing for its own bankruptcy it can \u201cclaw back\u201d the funds for the benefit of its creditors.<\/p>\n<p>In response, Voyager claimed its creditors had suffered \u201csubstantial harm\u201d after Alameda made a bid for Voyager\u2019s assets that it was unable to honor, which cost Voyager $100 million and rendered Alameda\u2019s claim subordinate to those of its other creditors.<\/p>\n<p><strong>Related: <\/strong><strong><em>SBF\u2019s lawyers move to block release of bail guarantors\u2019 identities<\/em><\/strong><\/p>\n<p>Meanwhile, United States bankruptcy judge Michael Wiles said he would be <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ointing a fee examiner to look at professional fees in Voyager\u2019s Chapter 11 case, according to a Feb. 7 Law360 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.law360.com\/fintech\/articles\/1573835\/voyager-judge-agrees-to-appoint-ch-11-fee-examiner\">report<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Congrats to Voyager creditors for several victories today<\/p>\n<p>* Appointment of fee examiner<br \/>* Judge ordering release of full report<br \/>* Scrutiny on $10M transferred on eve of BK to pay legal fees for directors out of creditors pockets <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/NCswHgc7z3\">https:\/\/t.co\/NCswHgc7z3<\/a><\/p>\n<p>\u2014 Shingo Lavine (@shingolavine) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/shingolavine\/status\/1623050437346856960?ref_src=twsrc%5Etfw\">February 7, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Wiles reportedly suggested the professional fees incurred within the bankruptcy case were higher than he expected, and the argument provided by the U.S. Trustee had convinced him that a fee examiner would be beneficial.<\/p>\n<p>Wiles did note that an examiner could end up costing the estate more than it would be able to save in other professional fees, however, and recommended a cap was put on the examiners own fees.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/voyager-subpoenas-ftx-and-alameda-execs-as-judge-orders-fee-examiner\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Voyager subpoenas FTX and Alameda execs as judge orders fee examiner &#8220; Lawyers representing bankrupt crypto broker Voyager Digital have served former FTX CEO Sam Bankman-Fried and other FTX and Alameda Research executives with subpoenas requesting information. The subpoenas have a very wide scope, with Voyager\u2019s lawyers seeking copies of any documents and communication&#8230;<\/p>\n","protected":false},"author":1,"featured_media":549176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/99086656-913f-4ff8-9bd0-0769f2f305ec.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[135234,89897,74898,4978,71391,70934],"class_list":["post-549175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ftx","tag-sam-bankman-fried","tag-sec","tag-bankruptcy","tag-department-of-justice","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=549175"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/549176"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=549175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=549175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=549175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}