Sam Trabucco left Alameda Research months before the FTX collapse and kept a low profile.
Former Alameda Research co-CEO Sam Trabucco has reached a settlement agreement with FTX and FTX Digital Markets in the United States Bankruptcy Court for the District of Delaware.
Trabucco has maintained a low profile since leaving the company just months before its collapse.
In a motion that will be heard on Dec. 12, the parties agreed that Trabucco will transfer the titles to two apartments in San Francisco worth $8.7 million and his 53-foot yacht worth $2.5 million to FTX Debtors. In addition, he will drop claims against FTX worth $70 million and FTX will release him from any claims it had.
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