Dividend derivatives have been a thing for quite a while. When Covid lockdowns started in 2020, EU mandated that EU banks are not allowed to pay dividends and Société Générale took quite a hit: "SocGen said it lost about 200 million euros on products related to the cancellation of dividend payments in the trading business." [1]
I was wondering about Trabucco as well. His name is nowhere to be seen, but he was leading Alameda together with Caroline up until last summer.
If SBF is also going for plea bargain, will various government institutions ask from him to get some dirt on Tether (and on Binance)? Might be that they are more interested in campaign financing.