๐ค๐ธ In a twist worthy of a crypto soap opera, former Alameda Research co-CEO Sam Trabucco has reached a settlement with FTX, involving a yacht and some prime San Francisco real estate. Trabucco, who made a timely exit from FTX before its dramatic collapse, will hand over two apartments and a yacht to FTX Debtors, while dropping claims worth $70 million.
This move avoids a courtroom drama that could rival a blockbuster. The settlement is seen as a win-win, saving time and money. Got thoughts on this crypto saga? Drop them in the comments!