The spotlight has turned on Sam Trabuco, the former co-CEO of Alameda Research as evidence suggests he may have played a key role in the FTX scandal.
Trabuco, who was Alameda’s co-CEO with Carolyn Ellison until August 2022 when she resigned from the CEO role, has been in the spotlight as former Alameda Research CEO Carolyn Ellison detailed that in 2019 The misconduct happened while he was still there. in the firm.
Notably, Trabuco has remained largely silent amid the FTX chaos, and posted only two tweets during the entire incident. First, on November 6, when speculation about FTX’s health was running rampant, he retweeted a tweet written by Carolyn Ellison that Said,
,[Changpeng Zhao] If you want to reduce the impact of the market on your FTT sales, Alameda will happily buy it all from you for $22 today!”
Then on 8 November he Tweeted: “Much love everyone – I’m sure the past few days have been dark for many and I hope the road ahead is bright.”
Ever since then the former Alameda executive has been completely inactive on Twitter and other social media platforms. However, this hasn’t stopped crypto gurus from pointing out that he may have had a significant role in the FTX and Alameda scandal.
Meanwhile, some Twitter users have speculated that Trabuco is being hunted by law enforcement. “The FBI is now looking for former Alameda Research co-CEOs Sam Trabuco and Nishad Singh,” said a Twitter account called “Wall Street Silver”. Said,
Others noted that law enforcement is pointing to Trabuco, among others, in asking additional co-conspirators to come forward and cooperate.
So far, it has been revealed that three former FTX and Almeida executives have turned on the SBF, including Carolyn Allison, Gary Wang, and Ryan Salme. two other executors people are curious Nishad Singh, former director of engineering at FTX, and Ramnik Arora, former head of product at FTX.
As mentioned, Alison has agreed Pleading guilty to seven felonies, including charges of wire fraud, securities fraud and money laundering. Bail for the 28-year-old Newton native was set at $250,000.
Disgraced founder of crypto exchange FTX, Sam Bankman-Fried, has also been released from prison on bail posting a $250 million bond in a New York court.
Notably, US prosecutors did not publicly disclose that Ellison and Wang were facing possible criminal charges or that they had agreed to work with investigators before it was confirmed that the SBF was being extradited to the US. I promised.
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