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 Alameda ...

, a quantitative trading 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 FT ...

, 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 cited ...

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,

said that Alameda Research owed $10 billion to cryptocurrency exchange

FTX FTX Trading Ltd., commonly known as FTX (short for "Futures Exchange") is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund. The exchange was founded in 2019 and, at its peak in July 2021, had over one mi ...

. 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 ...

''.

Early life and education

Trabucco attended a

Mount Holyoke College Mount Holyoke College is a private liberal arts women's college in South Hadley, Massachusetts. It is the oldest member of the historic Seven Sisters colleges, a group of elite historically women's colleges in the Northeastern United State ...

math camp in 2010 where he met

. Trabucco received his bachelor’s in mathematics and computer science from

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private Land-grant university, land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern t ...

(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 Susquehanna International Group, LLP (SIG) is a privately held trading and technology firm. SIG comprises a number of affiliated entities specializing in trading and proprietary investments in equities, fixed income, energy, commodity, index an ...

, 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