Sam Trabucco, the former Co-CEO of Alameda Research, is back again after briefly resurfacing in May to write a three-page, single-space letter defending his ‘best friend’ Ryan Salame.
According to multiple users on X (formerly Twitter), Trabucco has been active since likes were taken private, mostly to like tweets from Salame.
It appears that Trabucco was unaware that others mentioned in tweets could see who was liking them. It’s unclear if he’ll will become active on any social media outside of liking his prior co-workers’ tweets, but he hasn’t publicly spoken to any media outlet or clarified why he hasn’t been sought out by the Department of Justice (DoJ).
Mansions, Condos, and Yachts, oh my!
Protos previously broke the news that Trabucco had purchased a boat called ‘Soak my Deck,’ an $8.7 million condo in San Francisco, and a million dollar mansion in Maine. According to sales records from San Francisco, Trabucco hasn’t sold his condo — though it’s still possible it could have been transferred or otherwise moved outside the ownership of the Trabucco family.
Rumors have been swirling since the collapse of FTX and Alameda Research that Trabucco has either been working directly with the DoJ as a state’s witness or has left the US altogether.
Based on his reappearance on social media and his previous letter to Judge Lewis Kaplan, it’s safe to assume that one of the most important figures at Alameda Research — who worked hand-in-hand with Sam Bankman-Fried and Caroline Ellison for years — isn’t on the run.