Former Tred Director John Whisenant Arrested for Embezzling Over $2 Million from Seattle Startup

John Whisenant, a former director at Seattle startup Tred, was arrested for allegedly embezzling over $2 million through fraudulent transactions between 2019 and 2021, using the funds to buy luxury vehicles and expensive airline tickets. The scheme was uncovered when an internal review raised suspicions, leading to federal charges and an upcoming court appearance in Seattle.