Sam Bankman-Fried Henchman to Forfeit $70 Million, Yacht in Proposed Settlement

Sam Bankman-Fried Henchman to Forfeit $70 Million, Yacht in Proposed Settlement

Sam Trabucco, the former Alameda Research co-CEO, will forfeit a 53-foot yacht and forgo $70 million worth of claims in a proposed settlement with the FTX bankruptcy estate.

The turnover will also include two San Francisco, California, apartments worth $8.7 million.

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