Sam Trabucco
{{Short description|American business executive}}
John Samuel Trabucco{{Cite web |last=Indap |first=Sundeep |date=16 March 2023 |title=Sam Bankman-Fried said to have taken $2.2bn from FTX entities |url=https://www.ft.com/content/562161ec-c771-46da-9d09-a99620a8e142 |url-status=live |archive-url=https://web.archive.org/web/20230316062245/https://www.ft.com/content/562161ec-c771-46da-9d09-a99620a8e142 |archive-date=16 March 2023 |access-date=16 March 2023 |website=Financial Times}} is an American business executive. He was co-CEO of Alameda Research, a defunct quantitative trading firm founded by Sam Bankman-Fried before FTX. Caroline Ellison was Alameda's other co-CEO. Trabucco stepped down from Alameda in August 2022, leaving Ellison as sole CEO until its bankruptcy along with FTX three months later.{{Cite news |last=Miller |first=Hannah |date=2022-08-24 |title=Alameda Co-CEO Trabucco Steps Down From Crypto Trading Firm |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2022-08-24/alameda-co-ceo-trabucco-steps-down-from-crypto-trading-firm?leadSource=uverify%20wall |access-date=2022-11-15}}
Early life and education
Trabucco attended a Mount Holyoke College math camp in 2010 where he met Sam Bankman-Fried.{{Cite web |last1=McMahon |first1=Kari |last2=Huang |first2=Vicky Ge |date=2021-12-28 |title=Here are 10 of the most surprising little-known facts we learned about the 29-year-old crypto billionaire Sam Bankman-Fried after months speaking to his closest friends, family, and colleagues |url=https://www.businessinsider.com/crypto-trading-billionaire-sam-bankman-fried-ftx-alameda-surprising-facts-2021-12 |url-status=live |archive-url=https://archive.today/20211229014820/https://www.businessinsider.com/crypto-trading-billionaire-sam-bankman-fried-ftx-alameda-surprising-facts-2021-12 |archive-date=2021-12-29 |access-date=2023-03-23 |website=Business Insider |language=en-US}} Trabucco received his bachelor's in mathematics and computer science from Massachusetts Institute of Technology (MIT). There he also served as president of the undergrad math association and reconnected with Bankman-Fried.{{Cite web |title=No longer willing to put in the hours, the co-CEO of Sam Bankman-Fried's crypto hedge fund resigns |url=https://fortune.com/crypto/2022/08/25/sam-trabucco-quits-co-ceo-sam-bankman-fried-alameda-research/ |access-date=2022-11-15 |website=Fortune |language=en |archive-date=2022-11-15 |archive-url=https://web.archive.org/web/20221115145938/https://fortune.com/crypto/2022/08/25/sam-trabucco-quits-co-ceo-sam-bankman-fried-alameda-research/ |url-status=live }}{{cite news |last1=Kuhn |first1=Daniel |title=Who Is Alameda's Former co-CEO Sam Trabucco? |url=https://markets.businessinsider.com/news/currencies/who-is-alamedas-former-co-ceo-sam-trabucco-1031931708 |access-date=25 December 2022 |publisher=Business Insider |date=November 22, 2022 |archive-date=25 December 2022 |archive-url=https://web.archive.org/web/20221225175509/https://markets.businessinsider.com/news/currencies/who-is-alamedas-former-co-ceo-sam-trabucco-1031931708 |url-status=live }}
Career
After graduation, he worked for Susquehanna International Group, a quantitative trading firm. He joined Alameda Research in March 2019, and officially became the co-CEO in October 2021 along with Caroline Ellison. The following August, Trabucco stepped down from the role and Caroline Ellison became the sole CEO of the firm.{{Cite web |last=Jeans |first=David |title='The Devil In Nerd's Clothes': How Sam Bankman-Fried's Cult Of Genius Fooled Everyone |url=https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/ |access-date=2022-11-15 |website=Forbes |language=en |archive-date=2022-11-14 |archive-url=https://web.archive.org/web/20221114225432/https://www.forbes.com/sites/davidjeans/2022/11/12/the-devil-in-nerds-clothes-how-sam-bankman-frieds-cult-of-genius-fooled-everyone/ |url-status=live }}{{Cite news |last=Massa |first=Annie |date=2022-11-11 |title=Sam Bankman-Fried Fooled the Crypto World and Maybe Even Himself |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2022-11-11/sam-bankman-fried-fooled-the-crypto-world-and-maybe-even-himself |access-date=2022-11-15}}{{Cite web |title=Co-Head of Crypto Trader Alameda Research Steps Down |url=https://www.wsj.com/livecoverage/stock-market-news-today-08-24-2022/card/co-head-of-crypto-trader-alameda-research-steps-down-Bg7K1z0tgsX0shUVzQWv |access-date=2022-11-15 |website=WSJ |language=en |archive-date=2022-11-15 |archive-url=https://web.archive.org/web/20221115190916/https://www.wsj.com/livecoverage/stock-market-news-today-08-24-2022/card/co-head-of-crypto-trader-alameda-research-steps-down-Bg7K1z0tgsX0shUVzQWv |url-status=live }} Alameda Research purchased a 52-foot yacht for Trabucco, who named it Soak My Deck.{{Cite news |date=2023-09-14 |title=How Sam Bankman-Fried's Elite Parents Enabled His Crypto Empire |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/news/features/2023-09-14/sam-bankman-fried-s-parents-did-they-enable-ftx-s-rise |access-date=2023-09-15 |archive-date=2023-09-19 |archive-url=https://web.archive.org/web/20230919154756/https://www.bloomberg.com/news/features/2023-09-14/sam-bankman-fried-s-parents-did-they-enable-ftx-s-rise |url-status=live }}
He also wrote crossword puzzles for The New York Times.{{Cite news |last1=Amlen |first1=Deb |date=18 April 2018 |title=60 Seconds With Sam Trabucco |language=en |work=The New York Times |url=https://www.nytimes.com/2018/04/18/crosswords/who-made-my-puzzle-sam-trabucco.html |access-date=2022-12-20 |archive-date=2022-12-21 |archive-url=https://web.archive.org/web/20221221041356/https://www.nytimes.com/2018/04/18/crosswords/who-made-my-puzzle-sam-trabucco.html |url-status=live }}
Recognition
- 2022: Named in Forbes 30 Under 30 – North America – Finance{{cite web |title=Finance |url=https://www.forbes.com/30-under-30/2022/finance |website=Forbes |access-date=30 December 2022 |archive-date=29 December 2022 |archive-url=https://web.archive.org/web/20221229000142/https://www.forbes.com/30-under-30/2022/finance/ |url-status=live }}{{Cite web |title=Alameda Research |url=https://www.forbes.com/profile/alameda-research/ |archive-url=https://archive.today/20211204160303/https://www.forbes.com/profile/alameda-research/?sh=611f68396570 |archive-date=2021-12-04 |access-date=2023-08-30 |website=Forbes |language=en}}
References
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Category:Year of birth missing (living people)
Category:American chief executives
Category:People associated with cryptocurrency
Category:Massachusetts Institute of Technology School of Science alumni
Category:Massachusetts Institute of Technology people
Category:American expatriates in the Bahamas
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