Sam Trabucco, Co-CEO of Alameda Research has announced that he is stepping down. With this announcement, he shared that his time working at Alameda was a beautiful and happy time for him. Yet, he explained that in the past, he “couldn’t think of anything more worthwhile to do with [his] time than to give it to Alameda,” yet now, Trabucco “can’t personally continue to justify the time investment of being a central part of Alameda.”
Trabucco was appointed Co-CEO in October 2021 and admitted in the Twitter thread that he has not acted as a CEO for a “few months”. This leaves a short window of around six months in which he may have been able to leave his mark on the company.
He also commented that he would not move on to a new project until he had “recovered” but could not “100% remove [himself] from crypto without going into withdrawal.” He will remain an advisor to Alameda but appears to be exiting the scene by all other counts.
Sam Trabucco announced he will focus on “traveling, visiting friends and family, working on “myself” and whatnot.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
CoinCu News
London authorities detain pump.fun attacker, possibly identified as Jarett Reginald Dunn.
The exchange is prepared to comply with the EU's MiCA regulations, but Kraken USDT support…
Venezuela's Ministry of Electric Power has disconnected Venezuelan crypto mining farms from the national grid…
The crypto scene is constantly evolving, and certain currencies show significant promise for the upcoming…
While some altcoins like PEPE, XRP, ONDO, and PYTH may not show significant short-term growth,…
Ripple Trading Volume Increases 40% Quarterly Amid Ongoing SEC Lawsuit
This website uses cookies.