The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed.
SkyBridge Capital manager Anthony Scaramucci has spoken about the “betrayal” he felt about the behavior of FTX founder Sam Bankman-Fried, whom he said he used to consider “a friend”.
Speaking at Casper Lab’s Blockchain Hub event in Davos, Switzerland on January 16, Scaramucci said that in the aftermath of the FTX debacle, he felt “betrayed” by Bankman-Fried because he continued having a close relationship with himself and his family. “I have to tell you that betraying someone and cheating is bad on many different levels, it really ruined my reputation, but I’m just talking about visceral relationships with people,” he said, and -adding to:
“If anyone here has read Dante Alighieri’s Inferno, you know what the ninth circle of hell is about […]
Describing his relationship with Bankman-Fried in detail, Scaramucci later admitted that he had “got it wrong” by someone he trusted.
“I’m the top guy, so my mistakes are getting bigger, (that’s) good but I’m not going to stop taking risks,” he said, adding: “I think Sam is the Mark Zuckerberg of crypto, I don’t think he’s the Bernie Madoff of crypto.”
However, the founder of SkyBridge was not discouraged by all the suffering, because he insisted that he has done work by taking risks, and therefore, he will “make mistakes again”.
In the same way, Scaramucci’s confidence in crypto does not shake him, since he shows that the destruction of FTX has nothing to do with the technology based on its value.
“That’s why we have blockchain and crypto because we’re trying to create a zero-sum situation where we don’t like or trust each other. […] We can interact with each other in a technologically sacred way.”
As Scaramucci said on CNBC on Jan. 13, SkyBridge is currently working to buy back a 30% stake in the company it sold to FTX for an undisclosed amount in September. Apparently, the deal was made just two months before FTX filed for bankruptcy. Sarmucci said that once all the legal details are settled, the takeover could happen before the second half of this year. Once this is taken over, Sarmucci will still have a loose connection to FTX through his investment in a crypto company founded by FTX US CEO Brett Harrison. He confirmed the move to Bloomberg via email this week. At the latest Blockchain Hub event, Scaramucci emphasized the importance of supporting and supporting friends like Harrison who are going through tough times because of his association with FTX.
Harrison has distanced himself from the fight between SBF and those around him and left the company in September.
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