In the subpoena, Voyager creditors asked Sam Bankman-Fried to appear for a remote deposition on February 23rd.
Voyager Digital’s unsecured creditors' committee has served a subpoena to crypto exchange FTX co-founder and former CEO Samuel Bankman-Fried.
According to the court filing issued in the United States Bankruptcy Court for the Southern District of New York on February 18th, Sam Bankman-Fried (SBF) has received a “Subpoena to Testify at a Deposition in a Bankruptcy Case.”
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In the filing, the Voyager Digital creditors committee asked Sam Bankman-Fried to produce all requested “documents and communications” no later than February 20th, 2023. At the time of writing, it remains unclear what documents Voyager Digital creditors wanted to receive.
On top of that, the creditors asked the FTX co-founder to appear for a “remote deposition” on February 23rd.
It is worth noting that less than two weeks ago, Voyager Digital lawyers had served subpoenas to Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, Sam Bankman-Fried, and FTX’s head of product Ramnic Arora.
In the subpoenas, individuals were asked to provide “all responsive Documents in possession, custody, or control, whether located onsite or at an offsite facility, regardless of whether such Documents are possessed by <them> personally or by <their> agents or employees.”
It is believed that FTX-related executives received subpoenas after authorities launched an investigation into FTX’s attempt to purchase Voyager Digital assets.
In September, FTX US won the auction for Voyager Digital assets. FTX’s bid was valued at approximately $1.422 billion. The bid price was constructed based on the anticipated future Voyager cryptocurrency market value of $1.311 billion and $111 million “of incremental value.”
However, the deal fell through when, in November, the cryptocurrency exchange and 130 FTX-related firms filed for bankruptcy. Despite that, in December, Voyager reached an agreement with Binance.US, which offered $1.022 billion for Voyager digital assets.
