Alameda Research co-CEO Trabucco resigns
Alameda Research co-CEO Sam Trabucco has resigned from his role at the crypto trading firm.
He will stay on as an adviser and Caroline Ellison will continue as sole CEO, Trabucco said in a Tweet. The company declined to comment further other than to confirm his exit.
“I can’t personally continue to justify the time investment of being a central part of Alameda,” Trabucco said. “Everyone works really hard here, and spending a ‘normal’ amount of time at work is tricky — especially when you’re trying to be a leader.”
Trabucco has been gradually scaling down his role at the company and doesn’t currently have any projects lined up, he also said. He joined as a trader in 2019.
“But I wouldn’t rule anything out in the future once I feel more ‘recovered,'” he added. “For years, I couldn’t think of anything more worthwhile to do with my time than to give it to Alameda. It’s honestly been a thrill to be a part of, despite being difficult and exhausting and consuming.”
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Author: Catarina Moura
