July 3, 2024

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‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci

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‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci

SkyBridge Capital managing partner Anthony Scaramucci has opened up about the “betrayal” he felt by the actions of FTX founder Sam Bankman-Fried, whom he said he once considered a friend.

Speaking at Casper Lab’s Blockchain Hub event in Davos, Switzerland, on Jan. 16, Scaramucci

As Scaramucci mentioned to CNBC on Jan. 13, SkyBridge is currently working on buying back a 30% stake in the company, which it sold to FTX for an undisclosed fee back in September.

Notably, the deal took place just two months before FTX filed for bankruptcy. Scaramucci stated that after all the legal details are sorted, the buyback could go through before the second half of this year.

Once that buyback goes through, Scaramucci will still have some loose ties to FTX via an investment he made into a crypto company founded by former FTX US president Brett Harrison. He confirmed the move to Bloomberg via email this week.

At this latest Blockchain Hub event, Scaramucci outlined that it’s important to back and support friends like Harrison, who has beenhaving a tough time due to his affiliation with FTX.

Harrison has of course distanced himself from the antics of SBF and his inner circle, and notably stepped down from the firm in September.