‘Ninth circle of hell’ is reserved for SBF for his betrayal: Scaramucci

SkyBridge Capital managing accomplice Anthony Scaramucci has opened up in regards to the “betrayal” he felt over the actions of FTX founder Sam Bankman-Fried, who he stated he as soon as thought of a “buddy.”

Talking at Casper Lab’s Blockchain Hub occasion in Davos, Switzerland on Jan. 16, Scaramucci emphasised that within the aftermath of the FTX debacle, he felt “betrayed” by Bankman-Fried on condition that he had an in depth friendship with each him and his household.

“I’ve to let you know that the betrayal and the fraud, its dangerous on plenty of totally different ranges, it actually damage me reputationally, however i’m simply speaking in regards to the visceral relationship with any person,” he stated, including that:

“If anyone right here has learn Dante Alighieri’s Inferno, you already know what the ninth circle of Hell is reserved for […] It’s for the betrayal of a buddy who lives with the satan—the ninth circle of hell on the frozen lake.”

Anthony Scaramucci talking Casper Lab’s Blockchain Hub: YouTube

Explaining his relationship with Bankman-Fried in additional element, Scaramucci finally admitted that he guess on somebody he trusted and “received it incorrect.”

“I’m a excessive profile individual so my errors get wildly magnified, [that’s] completely fantastic however I am not gonna cease the risk-taking,” he stated, including: “I believed Sam was the Mark Zuckerberg of crypto, I didn’t assume he was the Bernie Madoff of crypto.”

Nonetheless, the SkyBridge founder has not been deterred by the entire ordeal, as he emphasised that he has made a profession off of taking dangers, and as such he’ll “in all probability make that mistake once more.”

Equally, Scaramucci’s religion in crypto in has not been shaken both, as he pressured that FTX’s chapter had nothing to do with the underlying worth proposition of the know-how.

“That is why we’ve blockchain and crypto, as a result of we’re attempting to create a decentralized scenario the place we do not have to love or belief one another. […] We will transact with one another in a method the place the know-how principally sanctifies.”

Associated: Crypto neighborhood unimpressed by SBF’s prolonged Substack letter

As Scaramucci talked about to CNBC on Jan. 13, SkyBridge is at present engaged on shopping for again a 30% stake of the corporate it bought to FTX for an undisclosed payment again in September.

Notably the deal happened simply two months earlier than FTX filed for chapter. Scarmucci said that after all of the authorized particulars are sorted, the purchase again may undergo earlier than the second half of this yr.

As soon as that purchase again goes by means of, Scarmucci will nonetheless have some unfastened ties to FTX by way of an funding he made right into a crypto firm based by former FTX US president Brett Harrison. He confirmed the transfer to Bloomberg by way of e mail this week.

At this newest Blockchain Hub occasion, Scaramucci outlined that it is essential to again and assist associates like Harrison who’re having a troublesome time as a consequence of his affiliation with FTX.

Harrison has after all distanced himself from the antics of SBF and his inside circle, and notably stepped down from the agency in September.


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