Former Alameda Co-CEO Sam Trabucco Agrees to Forfeit $70M, Yacht, Apartments to FTX Creditors

By Yahoo! Finance | Nov 13, 2024 at 01:56 PM EST

Sam Trabucco, former co-CEO of Alameda Research, will surrender two properties and a yacht to creditors of failed crypto exchange FTX. Trabucco left Alameda before the bankruptcy filings and agreed to forfeit assets worth millions to settle debts.

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