🚤 Former Alameda Research co-CEO Sam Trabucco has agreed to hand over two San Francisco properties and a 53-foot yacht to creditors of the collapsed crypto exchange FTX. This move comes after Trabucco, a key figure in Sam Bankman-Fried’s circle, left the company months before its bankruptcy.

- Trabucco forfeits $8.7M in apartments and a $2.5M yacht.

- He also transfers rights to claims against FTX worth $70M.

- Received $40M in "potentially avoidable transfers" during his tenure.

What do you think about this development? Share your thoughts in the comments!