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Who is Anthony Scaramucci?

As crypto swoons, Anthony Scaramucci struggles to keep investors. The hedge fund manager, who did a brief stint in Trump’s White House, is facing a wave of redemption requests amid lackluster performance. Anthony Scaramucci of Skybridge at the Crypto Bahamas conference in April. Erika P. Rodriguez for The New York Times

Is Scaramucci giving up on crypto?

Scaramucci isn’t giving up on crypto, and he’s been making the case at Davos to lawmakers and investors that the market is still strong, despite a slew of bankruptcies and job cuts, plus a cratering of market value by two-thirds since the highs of fall 2021. “There are skeptics. But what are they not trusting?

Is Scaramucci's 'first Trust' a bitcoin-backed ETF?

The fund proposed by Scaramucci’s hedge fund SkyBridge Capital and investment firm First Trust is one of several Bitcoin-backed ETFs that the SEC has blocked. SEC Chair Gary Gensler has resisted giving the green light to the funds amid concerns that the volatile digital asset market backing them remains opaque and unregulated.

What is one Scaramucci?

The term "one Scaramucci" has become popularized political slang for an 11-day period. Charles Creitz is a reporter for Fox News Digital. He joined Fox News in 2013 as a writer and production assistant. Charles covers media, politics and breaking news, and has covered the annual CPAC conference for Fox News Digital.

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