FTX-Affiliated Alameda’s Former Co-Chief Traded Company’s Assets Using Poker Strategies

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Alameda’s former co-CEO, who applied poker strategies to cryptotrading, resigned in August before FTX collapsed

along with it, used strategies from poker and black-jack to trade crypto for the firm’s customers.

Trubacco did not wait for FTX to collapse – he quit in August and left the other chief executive, Caroline Ellison, to run Alameda alone. Therefore, now he cannot be accused of any actions that pushed Alameda and FTX to the edge and beyond. In the summer, before he left, Trubacco published tweets that clearly stated that he applied his former experience in gambling to crypto trading. In one of those tweets, he boasted that he may – or may not – have been kicked from three casinos.

A tweet from July shows poker chips on a poker table and Trubacco commented that he should stick to trading, rather than poker. From the next tweet, it became clear that the man was in Las Vegas at that moment.

 

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