FTX SETTLES WITH SAM TRABUCCO, HE WALKS AWAY WITH $40M

Summary from the TLDR Crypto newsletter

FTX has reached a settlement with Sam Trabucco, co-CEO of Alameda Research. The settlement involves the return of two apartments, a yacht, and disallowed customer claims totaling $70 million. Trabucco received $40 million in the two years prior to the petition date.