Davos: Scaramucci calls FTX’s SBF Bernie Madoff from the Crypto firm


SkyBridge Capital managing partner Anthony Scaramucci opened up about his relationship with Sam Bankman-Fried after the collapse of FTX.

Speaking in Davos, Scaramucci said he believes Bankman Fried, also known as SBF, is someone other than who he used to be. Compare the SBF to notorious Ponzi scammer Bernie Madoff.

“I thought Sam was the Mark Zuckerberg of crypto, I didn’t think he was the Bernie Madoff of crypto,” Scaramucci said.

Scaramucci also said he felt “betrayed” by the SBF, professionally and personally, with whom he and his family had a close relationship. He said that SBF has a place waiting for it in hell.

“If anybody here has read Dante Alighieri’s Inferno, you know what the ninth circle of hell is reserved for. It’s for the betrayal of a friend who lives with the devil – the ninth circle of hell on the frozen lake,” he said.

FTX was an investor in Scaramucci’s SkyBridge Capital. FTX Ventures bought a 30% stake in the company in September last year, just two months before FTX went bankrupt. SkyBridge is now trying to buy back the FTX stake.

Despite the failed relationship with the SBF, Scaramucci said he will likely make a similar mistake in the future because he is a “risk-taker”.

“I’m a high-profile person so my mistakes get wildly magnified, [which is] totally fine but I’m not gonna stop the risk-taking,” he said.

And it seems that Scaramucci has already made another risky bet. Reports indicate that he has invested in a crypto company started by Brett Harrison, the former head of US FTX.

Anthony Scaramucci is one of the rare Wall Street financiers supporting blockchain technology and the crypto industry. It is important to have someone like him explaining and supporting cryptocurrency in the world of traditional finance.



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