NEW from Datadog: it's Lapdog!
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- be Sam Trabucco
- math prodigy, wins school competitions and joins Mathcamp
- meets SBF there in 2010, both nerds obsessed with probabilities
- studies math and CS at MIT
- plays poker with Bitcoin from the 2014 MIT experiment
- triples it and gets hooked on trading
- after college joins Susquehanna
- International Group as a quant trader
learns risk, poker strategy, and market psychology
- 2017: quits, trades crypto full time
- dinner with SBF → joins Alameda Research as one of the first hires
starts running arbitrage bots and high-leverage strategies
- 2021: becomes co-CEO of Alameda with Caroline Ellison
- builds DeFi yield systems and aggressive trading algorithms
- doesn’t care about “effective altruism,”
- November 2021: approves $150M bribe to Chinese officials to unlock $1B frozen on OKX and Huobi
- jokes about it later in a Signal chat
the same year buys two luxury apartments, a house in Maine, and a $2.5M yacht called “Soak My Deck”
- total haul around $60M in personal payouts
- August 2022: suddenly resigns as co-CEO
- tweets that he’s “tired” and wants to enjoy life
- three months later FTX collapses
everyone goes to prison except him
- November 2024: quietly settles with FTX estate
- gives back $81.2M in assets, the yacht, the houses, and creditor claims
- no criminal charges, no trial, no press
- disappears completely
- Today: probably living by the sea
the man who co-ran Alameda and walked away free
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Oh my god someone finally built it. I have been asking for this for well over a decade.
When your site goes from happily serving traffic to violently shitting itself to death, you have exactly one question: is it my shitty code?
it’s so funny that Marty basically disavows this movie as a paycheck job that he wishes he never did, because if it hit theaters this past October it would’ve been in my top three of the year lol