The low-key ex-CEO of Alameda Research Sam Trabucco may be called to appear as a witness or be discussed during Sam Bankman-Fried’s trial, a court was told today.

Assistant U.S. Attorney for the Southern District of New York Danielle Sassoon this afternoon read a list of people who may testify or be related to the trial. She told a packed New York federal courthouse that Trabucco may be involved.

Trabucco was a key figure in the FTX empire before its collapse. He left Alameda Research in August of last year, claiming that he wanted to “prioritize other things” and had “bought a boat.”

He added that he “needed to relax” and was “really, really happy.”

The FTX behemoth collapsed a few months later. Trabucco has since maintained a low profile.

Alameda Research was the sister trading firm of the FTX crypto exchange. Bankman-Fried co-founded it but stepped away from its day-to-day management last year.

Prosecutors allege that client money from FTX had been used to make risky bets on Alameda by Bankman-Fried.

Go to Source to See Full Article
Author: Mathew Di Salvo

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.