The managers steering failed crypto hedge fund Alameda Research through Chapter 11 have sued Voyager Digital for nearly $446m, alleging it received preferential payments while Sam Bankman-Fried’s crypto empire collapsed.

In a lawsuit filed on 30 January, Alameda accused Voyager of feeding its customers’ money to risky crypto companies without due diligence, which helped fuel the alleged misuse of customer funds that brought down Alameda and its affiliated crypto exchange, FTX.