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What did Anthony Scaramucci say about FTX?

“I don’t want to call it fraud,” Scaramucci said regarding FTX’s mishandling of user assets. Anthony Scaramucci, founder of SkyBridge Capital and a short-time Trump administration communications director, spoke Friday morning on CNBC’s “Squawk Box” about friend and business partner Sam Bankman-Fried, CEO of crumbling crypto exchange FTX.

Who is Anthony Scaramucci?

Scaramucci, founder of SkyBridge Capital. On Jan. 31, Anthony Scaramucci sat onstage at a hedge fund conference in Miami, answering questions about, among other things, his former business partner Sam Bankman-Fried.

Who are Sam Bankman-fried and Anthony Scaramucci?

Three weeks ago Sam Bankman-Fried and Anthony Scaramucci were fundraising together in the Middle East. Now the ‘Mooch’ faces losing SBF’s 30% stake in his SkyBridge hedge fund which is frozen in bankruptcy

What happened to Scaramucci's skybridge?

The final touches of the deal were worked out after the August lunch, and on September 7, 2022, FTX Ventures, through a shell company called Island Bay Ventures according to SEC filings, made a $45 million purchase of the 30% stake in Scaramucci’s SkyBridge.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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