Legal professionals representing bankrupt crypto dealer Voyager Digital have served former FTX CEO Sam Bankman-Fried and different FTX and Alameda Analysis executives with subpoenas requesting data.

The subpoenas have a really extensive scope, with Voyager’s attorneys in search of copies of any paperwork and communication between FTX entities and the Securities and Change Fee (SEC) or the Division of Justice (DOJ) in accordance with the Feb. 6 filing.

Amongst a plethora of different requested paperwork, the attorneys additionally need to see data referring to the mortgage portfolio between Alameda and Voyager in addition to FTX’s monetary situation earlier than and after it filed for chapter on Nov. 11.

The opposite executives who had been served subpoenas embody former Alameda CEO, Caroline Ellison, FTX co-founder, Gary Wang and FTX’s head of product, Ramnik Arora — every was requested to supply the requested data by Feb. 17.

The monetary ties between Voyager and Alameda are deep, with Alameda in search of to get better $446 million it repaid Voyager. In a Jan. 30 submitting, it argued that as a result of it had paid Voyager again inside 90 days of submitting for its personal chapter, it may well “claw again” the funds for the advantage of its collectors.

In response, Voyager claimed its collectors had suffered “substantial hurt” after Alameda made a bid for Voyager’s belongings that it was unable to honor, which value Voyager $100 million and rendered Alameda’s declare subordinate to these of its different collectors.

SBF’s attorneys transfer to dam launch of bail guarantors’ identities

In the meantime, United States chapter decide Michael Wiles mentioned he can be appointing a price examiner to have a look at skilled charges in Voyager’s Chapter 11 case, in accordance with a Feb. 7 Law360 report.

Congrats to Voyager collectors for a number of victories at this time

* Appointment of price examiner
* Decide ordering launch of full report
* Scrutiny on $10M transferred on eve of BK to pay authorized charges for administrators out of collectors pockets https://t.co/NCswHgc7z3

— Shingo Lavine (@shingolavine) February 7, 2023

Wiles reportedly instructed the skilled charges incurred throughout the chapter case had been increased than he anticipated, and the argument offered by the U.S. Trustee had satisfied him {that a} price examiner can be helpful.

Wiles did word that an examiner may find yourself costing the property greater than it could have the ability to save in different skilled charges, nevertheless, and really helpful a cap was placed on the examiner’s personal charges.