Voyager Digital filed for bankruptcy protection on Tuesday.

Because the crypto platform navigates through a downturn in prices in the digital-asset market.

Comes into contact with a hedge fund that failed to repay a multi-million dollar loan.

In Chapter 11 documenting with the liquidation court in the Southern District of New York.

Explorer Digital recorded Alameda Research Ltd. what's more, Alameda Research Ventures among its loan bosses.

Alameda, established by crypto very rich person and FTX financier supervisor Sam Bankman-Fried, last month stretched out a credit to help Voyager.

Explorer's recording followed its admonition in June.

That digital money mutual funds Three Arrows Capital, or 3AC, has not reimbursed a credit of $350 million of every 15,250 bitcoin and USDC stablecoins.

Three Arrows petitioned for Chapter 15 insolvency last week, disabled by its own gamble of breakdown of digital currency Luna.