Arrest of FTX co-founder Sam Bankman-Fried and following statements from his colleagues Gary Wang and Caroline Ellison, the spotlight turned to the remaining executives who were part of the team’s inner circle. Another of his people people are interested in these days is Sam Trabucco, the former co-CEO of Alameda Research. The 30-year-old executive said he left Alameda in August 2022, but as Ellison detailed the misconduct he did in 2019, Trabucco said he had no idea what happened. It is assumed that he knows two things.
Focusing on his FTX and his Alameda executives like Sam Trabucco,
Since Sam Bankman-Fried (SBF) was arrested and subsequently released on bail, It’s getting a lot of attention. An executive who has not come forward or at least publicly announced that he is cooperating with law enforcement.
So far, at least three of his colleagues are known to have his SBF turned on, including Caroline Ellison, Gary Wang and Ryan Salame. Two of his other executives that people are interested in include Nishad Singh, his former director of engineering at FTX, and Ramnik Arora, former head of product at FTX.
Caroline Ellison: Stanford degree in mathematics
Sam Trabucco: Her MIT degree in mathematics
SBF: Physics degree from MIT & Mathematics
These To obtain a degree is not easy. Make no mistake, these criminals didn’t “accidentally” forget his $8 billion. This was an orderly and organized fraud.
— FatMan (@FatManTerra) Nov 18, 2022
Another executive is scrutinizing Alameda Research’s original Co-CEO Sam Trabucco. The former co-CEO said he left Alameda in August 2022, and amidst the FTX turmoil he tweeted two interesting tweets.
On November 6, he retweeted a tweet written by her Caroline Ellison, . Happy to buy all for $22 today!” He then tweetedon November 8, 2022.
Since then, the former Alameda executive has been fairly quiet on social media. And he’s not talking to the press. It is unclear whether Trabucco is working with the federal government. He is not named in any of the indictments, except for a brief mention of his relationship with Alameda.
I came out with
— Autism Capital 🧩 (@AutismCapital) Nov 9, 2022
People speculate on social media, Trabucco denies law enforcement “The FBI is now looking for Sam Trabucco, former co-CEO of Alameda Research and Nishad Singh,” said a Twitter account called “Wall Street Silver.” } .
When Williams asks additional co-conspirators to come forward, I am referring here to Sam Trabucco (among other things) without mentioning his name. 99% sure. https://t.co/CWsNnpOrIl
— David Parody (@freeAgent85) December 22, 2022
by New York Post And and as reported by Bloomberg,the 30-year-old executive who helped run Alameda until last summer revealed a lot on Twitter. For example, The Post details that Trabucco explained that his Alameda helped him “reduce exposure to Okx,” a centralized crypto exchange.
“Not only are we not sellers, but we are also huge buyers, albeit at risk.
Prior to working at Alameda, Trabucco was a trader at Susquehanna International Group. Additionally, the Bloomberg report details Trabucco revealing that he “may or may not be banned from three casinos” for counting cards at his blackjack table.
According to Ellison’s testimony, the fraud between FTX and Alameda took place in 2019, and Trabucco the same year he joined Alameda. In the crypto world, the Massachusetts Institute of Technology (MIT) alumnus, who served as co-CEO for a long time, is suspected of being aware of financial misconduct if Ellison’s story is accurate.
Image Credits: Shutterstock, Pixabay, Wiki Commons