FORMER ALAMEDA CO-CEO SAM TRABUCCO AGREES TO FORFEIT $70M, YACHT, APARTMENTS TO FTX CREDITORS
https://media.zenfs.com/en/coindesk_75/cd71feca9678908133e0f3729d3bb1b4
✍️ Sam Trabucco, former co-CEO of Alameda Research, agrees to hand over properties and a yacht to creditors of failed crypto exchange FTX.
👉 Trabucco agrees to hand over two properties and a 53-foot yacht to FTX creditors 👉 He left Alameda Research in August 2022, just before the company filed for bankruptcy 👉 He never publicly acknowledged wrongdoing or knowledge of criminal activity 👉 He posted tweets revealing aggressive trades and heavy risk taking 👉 He received approximately $40 million in 'potentially avoidable transfers' from debtors during his time at Alameda Research
-- #SamTrabucco #SamBankman-Fried #CarolineEllison #SanFrancisco #neutral #business
Loading quoted post…
