Another person who is generating curiosity these days is former Alameda Research co-CEO Sam Trabucco. The 30-year-old executive left Alameda in August 2022, but as Ellison detailed the misconduct that occurred in 2019, it’s assumed Trabucco knows a thing or two about what happened.
The spotlight remains on a few FTX and Alameda executives like Sam Trabucco.
Since Sam Bankman-Fried’s (SBF) arrest and subsequent release on bail, the focus has been on executives who have not come forward, or at least not publicly announced their cooperation with law enforcement.
So far, we know that at least three colleagues have come forward to report SBF, including Caroline Ellison, Gary Wang, and Ryan Salame. Two other executives are of interest: former FTX engineering director Nishad Singh and former FTX product manager Ramnik Arora.
Caroline Ellison: Stanford degree in Mathematics
Sam Trabucco: MIT degree in Mathematics
SBF: MIT degree in Physics & Mathematics
These degrees are not easy to get. Make no mistake – these criminals didn’t “accidentally” forget about $8b. This was methodical, systematic fraud.
– FatMan (@FatManTerra) November 18, 2022
Another executive people are scrutinizing is the ex-CEO of Alameda Research, Sam Trabucco. The former co-CEO left Alameda in August 2022, and in the midst of FTX chaos, he issued two interesting tweets.
On November 6, he retweeted a tweet written by Caroline Ellison that. said that: “[Changpeng Zhao] if you’re looking to minimize the market impact on your TTF sales, Alameda will gladly buy it all from you today at $22! “. Then, on November 8, 2022 tweeted: “Much love to everyone – I’m sure the last few days have been dark for many and I hope the road ahead is brighter.“
Since then, the former Alameda executive has been fairly quiet on social media and has not spoken to the press. It is unclear whether or not Trabucco is working with the feds. He was not named in any of the indictments, other than brief mentions of his association with Alameda.
Sam Trabucco and Brett Harrison really got out at the right time.
– Autism Capital 🧩 (@AutismCapital) November 9, 2022
People have speculated on social media that Trabucco is being hunted by law enforcement. “The FBI is now looking for Sam Trabucco, the former co-CEO of Alameda Research and Nishad Singh“, said the Twitter account called “Wall Street Silver“. stated..
I’m 99% sure Williams is referring to Sam Trabucco (among others) here without naming him when he asks additional co-conspirators to come forward. https://t.co/CWsNnpOrIl
– David Parody (@freeAgent85) December 22, 2022
According to the New York Post and Bloomberg, the 30-year-old executive who helped run Alameda until last summer revealed a number of things on Twitter. For example, The Post details that Trabucco explained that Alameda was helping people to “reduce their exposure to Okx“, the centralized crypto-currency exchange.
“Not only are we not sellers, we are HUGE buyers – even if it’s risky – because, in fact, we can take the risk and this trade is BIG according to what we know – was crucial, and that’s something we always aim to do“, Trabucco said on Twitter.
Prior to working for Alameda, Trabucco was a trader at Susquehanna International Group. In addition, the Bloomberg report details that Trabucco revealed that he “May or may not be banned from three casinos” for counting cards at the blackjack tables.
Ellison’s testimony states that the fraud between FTX and Alameda took place as early as 2019 and that Trabucco joined Alameda the same year. In crypto circles, the Massachusetts Institute of Technology (MIT) graduate is suspected of knowing about the financial misconduct if he was the co-CEO for that long and if Ellison’s account is accurate.