{"id":142047,"date":"2024-11-12T18:00:55","date_gmt":"2024-11-12T16:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142047"},"modified":"2024-11-12T17:42:06","modified_gmt":"2024-11-12T15:42:06","slug":"former-alameda-co-ceo-surrenders-assets-in-ftx-settlement","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/former-alameda-co-ceo-surrenders-assets-in-ftx-settlement\/","title":{"rendered":"Former Alameda Co-CEO Surrenders Assets in FTX Settlement"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/x.com\/sunil_trades\/status\/1856019855713153293?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1856019855713153293%7Ctwgr%5Eb42adabfc42cbcbb1fcd80f745d7d2a5a2907a8d%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoingape.com%2Falamedas-sam-trabucco-to-forfeit-70m-in-ftx-settlement%2F\" rel=\"nofollow\">move<\/a> <\/strong>also includes dropping a $70 million claim he had filed against FTX. The agreement, finalized on November 13, seeks to resolve claims without further delays or litigation costs.<\/p>\n<p>As part of the settlement, Trabucco will transfer ownership of the yacht, which he had purchased for $2.51 million just months before stepping down from Alameda, as well as the two properties he bought in 2021. The $70 million in claims he filed against FTX will also be voided. The deal aims to benefit FTX\u2019s creditors and streamline the resolution process following the company\u2019s bankruptcy.<\/p>\n<p>The connection between FTX, Alameda, and Trabucco has drawn considerable attention since FTX\u2019s collapse. Trabucco, who had stepped down in August 2022, had been closely involved with Sam Bankman-Fried\u2019s operations.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-141939\" href=\"https:\/\/cryptodnes.bg\/en\/ftx-sues-binance-and-changping-zhao-in-attempt-to-recover-1-76-billion\/\" title=\"FTX sues Binance and Changpeng Zhao in attempt to recover $1.76 billion\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ftx-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">FTX sues Binance and Changpeng Zhao in attempt to recover $1.76 billion<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This settlement comes after FTX\u2019s reorganization plan was approved in October, which is expected to allow most creditors to recover their losses in full. Meanwhile, FTX continues to pursue legal actions against other parties, including Binance, to recover further assets for creditors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sam Trabucco, former co-CEO of Alameda Research, has agreed to relinquish assets including two San Francisco apartments valued at $8.7 million and a 53-foot yacht in a settlement with FTX.<\/p>\n","protected":false},"author":3,"featured_media":37048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[426],"coin_category":[],"class_list":["post-142047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-binance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Former Alameda Co-CEO Surrenders Assets in FTX Settlement<\/title>\n<meta name=\"description\" content=\"Sam Trabucco, former co-CEO of Alameda Research, has agreed to relinquish assets including two San Francisco apartments valued ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/former-alameda-co-ceo-surrenders-assets-in-ftx-settlement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Former Alameda Co-CEO Surrenders Assets in FTX Settlement\" \/>\n<meta property=\"og:description\" content=\"Sam Trabucco, former co-CEO of Alameda Research, has agreed to relinquish assets including two San Francisco apartments valued ...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-12T16:00:55+00:00\" \/>\n<meta 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