Cryptocurrencies
Scaramucci’s SkyBridge Is Trying to Buy Back FTX’s 30% Stake
- FTX Ventures infused cash to fund growth, buy cryptocurrencies
- Scaramucci feels ‘disappointed,’ ‘duped’ by Bankman-Fried
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Anthony Scaramucci said SkyBridge Capital is trying to repurchase the 30% of his company that Sam Bankman-Fried’s FTX acquired months before the crypto exchange imploded -- an attempt now complicated by FTX’s bankruptcy.
“My legal team and my other partners are working to buy back that stake,” Scaramucci said Friday in a CNBC interview shortly before FTX filed for bankruptcy. “We’re in a worse position because of the fact that we made the decision to have Sam join the cap table at SkyBridge. There’s no question that we’re in a worse position -- he’s hurt the industry.”