Bankrupt crypto lender Voyager Digital has issued subpoenas to several executives from FTX and its sister firm, Alameda Research.
The subpoenas requested copies of documents related to communications between FTX, the SEC, and the Department of Justice.
Additionally, the subpoena asked for proof of former CEO John Ray’s statements that FTX-Related Entities “used software to conceal the misuse of customer funds” and “did not keep appropriate books and records.”
The subpoenas also covered information relating to the loan portfolio between Alameda and Voyager, as well as FTX’s financial condition before and after its bankruptcy filing in November 2022.
U.S. bankruptcy judge Michael Wiles has announced that a fee examiner will be appointed to review professional fees in Voyager’s Chapter 11 case, as the fees incurred in the case are higher than expected.
However, the judge has recommended a cap on the examiner’s fees to avoid incurring more costs for the estate.
