
Anthony Scaramucci Assumes SkyBridge May Retake 30% Interest Sold to FTX
Brendan McDermid | Reuters
SkyBridge Capital is likely to buy back the share it sold to the now-defunct cryptocurrency exchange FTX, though the result may not come until the end of the first half of this year. This is what Anthony Scaramucci expressed when he was interviewed by CNBC Friday.
“We are awaiting authorization from the bankruptcy people, lawyers and investment bankers to figure out precisely what we will buy back and when,” He claimed that the issue is unlikely to be fixed until the end of the first half of this year.
FTX bought 30% of SkyBridge in September, before filing for bankruptcy on November 11.
The former White House financier and communications director also affirmed that, in his opinion, it is now apparent that former FTX CEO and founder Sam Bankman-Fried, nicknamed “SBF”, is Scaramucci’s friend who violated the regulations.
“I think it is now very clear that there was fraud. Of course, we will have to let the legal system decide all these things,” Scaramucci said to CNBC.
Bankman-Fried has pleaded not guilty to eight federal charges, including fraud and money laundering. In the meantime, FTX co-founder Gary Wang and Caroline Ellison, the former co-CEO of Alameda Research, have pleaded guilty to federal charges related to the FTX collapse and are cooperating with investigators. Alameda Research was the crypto hedge fund started by Bankman-Fried and affiliated with FTX.
Scaramucci had previously been reluctant to refer to Bankman-Fried’s activities within FTX as fraud in his most recent interview with CNBC.
“I don’t want to call it fraud right now because it’s a legal term,” Scaramucci told CNBC’s “Squawk Box” on Nov. 11. “It would involve Sam and his family being honest with his investors and getting to the bottom of it.”
According to attorneys, FTX has now recovered more than $5 billion in liquid assets, including cash and digital assets, during one of its bankruptcy hearings on Wednesday in Delaware.
Speaking on Friday, Scaramucci also indicated that he believes more money will be recovered by the bankrupt crypto exchange.
“I think it will be resolved favorably,” Scaramucci said to CNBC’s Arjun Kharpal. “That’s obviously good news for FTX’s creditors,” he concluded.
— CNBC’s Arjun Kharpal Contributed to this report.