Sam Trabucco
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John Samuel "Sam" Trabucco is an American business executive. He was co-CEO of
Alameda Research Alameda Research was a cryptocurrency trading firm, co-founded in September 2017 by Sam Bankman-Fried and Tara Mac Aulay. In November 2022, FTX, Alameda's sister cryptocurrency exchange, experienced a solvency crisis, and both FTX and Alame ...
, a
quantitative trading Mathematical finance, also known as quantitative finance and financial mathematics, is a field of applied mathematics, concerned with mathematical modeling of financial markets. In general, there exist two separate branches of finance that require ...
firm founded by
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 6, 1992), also known by the initialism SBF, is an American suspected fraudster, entrepreneur, investor, and former billionaire. Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX ...
, along with
Caroline Ellison Caroline Ellison (born 1994) is an American former business executive and quantitative trader. She is the former CEO of Alameda Research, the trading firm affiliated with the cryptocurrency exchange FTX. According to an anonymous source ci ...
until August 2022 when he stepped down from the role of CEO. According to anonymous sources cited by ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'', in November 2022,
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 6, 1992), also known by the initialism SBF, is an American suspected fraudster, entrepreneur, investor, and former billionaire. Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX ...
said that Alameda Research owed $10 billion to cryptocurrency exchange FTX. These sources said that FTX had lent the trading firm money from customer funds at FTX. He also writes crossword puzzles for ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
''.


Early life and education

Trabucco attended a Mount Holyoke College math camp in 2010 where he met
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 6, 1992), also known by the initialism SBF, is an American suspected fraudster, entrepreneur, investor, and former billionaire. Bankman-Fried was the founder and CEO of the cryptocurrency exchange FTX ...
. Trabucco received his bachelor’s in mathematics and computer science from
Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
(MIT). There he also served as president of the undergrad math association and reconnected with Bankman-Fried.


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.


Recognition

* 2022: Named in ''
Forbes 30 Under 30 ''Forbes'' 30 Under 30 is a set of lists of people under 30 years old issued annually by ''Forbes'' magazine and some of its regional editions. The American lists recognize 600 business and industry figures, with 30 selected in twenty industries ...
⁣ – North'' America – Finance


References

Year of birth missing (living people) Living people Chief executive officers People associated with cryptocurrency Massachusetts Institute of Technology School of Science alumni Massachusetts Institute of Technology people American expatriates in the Bahamas {{US-bio-stub