SkyBridge Capital to Buy Back the Stake it Sold to FTX, Says Scaramucci

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SkyBridge Capital to Buy Back the Stake it Sold to FTX, Says Scaramucci
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Anthony Scaramucci claimed it is 'very clear' that FTX and SBF committed fraud.

Anthony Scaramucci claimed it is “very clear” that FTX and SBF committed fraud.

The Founder of SkyBridge Capital – Anthony Scaramucci – said his company could buy back the major stake it previously sold to the bankrupt cryptocurrency exchange FTX in the next few months.The FTX Case Will Resolve Itself ‘Favorably’for CNBC, Scaramucci raised hopes that SkyBridge Capital could purchase back the 30% stake it sold to FTX in the following months.

“We’re waiting for the clearance from the bankruptcy people, the lawyers, and the investment bankers to figure out exactly what we’re going to be buying back and when.”SkyBridge, which had to cope with some severe issues due to the bear market, pledged to use part of the capital generated from selling the stake to FTX to pay old investors and reinforce its balance sheet.

The former White House official also maintained for the first time that SBF’s actions resemble blatant fraud.“I think it’s very clear now that there was a fraud. We’ll, of course, have to let the legal system determine all of those things,” he said during his latest appearance.he felt “distressed” about FTX’s collapse but refused to describe the event as a “fraud.

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