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Alameda Co-CEO Trabucco Steps Down From Crypto Trading Firm (2)

Aug. 24, 2022, 9:47 PM

Alameda Research Co-Chief Executive Officer Sam Trabucco is stepping down, saying he’s chosen “to prioritize other things” and that he couldn’t “continue to justify the time investment” of being an integral part of the crypto trading firm.

Caroline Ellison, the co-CEO, will lead the company and Trabucco will serve as an adviser, he announced in a series of tweets Wednesday. Alameda, the trading affiliate of FTX crypto exchange controlled by Sam Bankman-Fried, confirmed the changes. FTX is one of the world’s largest platforms for trading digital-assets.

Trabucco, 29, and Ellison became co-CEOs after Alameda co-founder Bankman-Fried stepped down ...