Bankrupt crypto lender Voyager Digital’s creditor committee has requested Sam Bankman-Fried to appear remotely in court for a deposition this week.
In a Feb. 18 court filing, Voyager’s unsecured creditors said they had issued a subpoena to the former FTX CEO, requesting that he produce documents no later than Feb. 20. Bankman-Fried was also requested to appear at a remote deposition at 10:00 am ET on Feb. 23.
Earlier this month, Voyager’s lawyers requested a wide range of documents from Bankman-Fried and other high ranking FTX and Alameda Research executives, including Caroline Ellison and Gary Wang.
For context, Alameda is attempting to claw back $446 million it repaid Voyager on the grounds that it made the loan repayment within 90 days of filing for its own bankruptcy. Voyager has strongly opposed this attempt, saying its own creditors had been significantly disadvantaged as a result of Alameda and FTX’s conduct.
Meanwhile, a judge moved to put two civil lawsuits against Bankman-Fried, filed by the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission, on hold, giving federal prosecutors at the U.S. Department of Justice precedence in their own case against him.
U.S. District Judge Lewis Kaplan also ordered the FTX founder to make a physical appearance in court last week after prosecutors argued that his bail conditions should be revised to appropriately restrict his access to the internet and encrypted messaging services.
Judge Kaplan signalled he was willing to jail Bankman-Fried if he did not cooperate with the conditions of his bail, but is yet to make any official revisions to the terms.
