Sam Trabucco, the former co-CEO of Alameda Research, has agreed to transfer two real estate properties and a yacht to FTX creditors. As part of the agreement, he will also assign lawsuit rights against FTX worth approximately 70 million dollars. Trabucco received about 40 million dollars in “potentially recoverable transfers” from the debtors during his time at the company.
11/12/2024 2:25:26 PM (GMT+1)
Sam Trabucco will transfer two real estate properties worth $8.7 million, a yacht worth $2.5 million, and lawsuit rights amounting to $70 million to FTX creditors as part of a settlement 🚢🏠
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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