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Skybridge Founder: Kamala Harris Open-Minded About Crypto

Skybridge Founder: Kamala Harris Open-Minded About CryptoAnthony Scaramucci, founder of Skybridge Capital, believes that U.S. Vice President Kamala Harris is open-minded about crypto. Criticizing the narrative that her administration is hostile toward cryptocurrency, he predicted that SEC Chair Gary Gensler will be fired and Senator Elizabeth Warren will be sidelined as financial services czar in a Harris administration. “Let’s keep crypto […]

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Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead

Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times AheadSkybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration. […]

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Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales

Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It ScalesSkybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]

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Skybridge Capital Founder Advises ‘Act Like You’re Dead With Your Bitcoin and Don’t Sell’

Skybridge Capital Founder Advises ‘Act Like You’re Dead With Your Bitcoin and Don’t Sell’Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some […]

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Skybridge Founder Says It’s Not Too Late to Buy Bitcoin — Foresees ‘Face-Ripping Rally Incoming’

Skybridge Founder Says It’s Not Too Late to Buy Bitcoin — Foresees ‘Face-Ripping Rally Incoming’Skybridge Capital founder Anthony Scaramucci has explained that it is not too late to buy bitcoin. With bitcoin’s price surging past $50,000, he anticipates that many are wondering if they’ve missed the opportunity to buy the crypto. Scaramucci stressed that his answer is a hard “no.” Anthony Scaramucci: Bitcoin Is Still a Good Buy Skybridge […]

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SkyBridge Capital Founder Anthony Scaramucci Predicts Coinbase Will Win ‘Instrumental’ Legal Battle With SEC: Report

SkyBridge Capital Founder Anthony Scaramucci Predicts Coinbase Will Win ‘Instrumental’ Legal Battle With SEC: Report

Hedge fund veteran Anthony Scaramucci reportedly says that US-based crypto exchange Coinbase will emerge victorious from its legal battle with the U.S. Securities and Exchange Commission (SEC). Speaking at a conference at Duke University, the SkyBridge Capital founder says that a new Trump presidency would be better for crypto regulation in the short term, but […]

The post SkyBridge Capital Founder Anthony Scaramucci Predicts Coinbase Will Win ‘Instrumental’ Legal Battle With SEC: Report appeared first on The Daily Hodl.

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SkyBridge Capital CEO Anthony Scaramucci Says SEC Should Be Kept in Check With New Pro-Crypto Initiatives

SkyBridge Capital CEO Anthony Scaramucci Says SEC Should Be Kept in Check With New Pro-Crypto Initiatives

Hedge fund boss Anthony Scaramucci thinks the U.S. Securities and Exchange Commission’s (SEC) powers should be balanced out with more pro-crypto initiatives. In a new CNBC op-ed, the SkyBridge Capital CEO makes an argument for why using the SEC to regulate crypto technologies isn’t sufficient for an industry in need of growth-fostering programs. Scaramucci argues […]

The post SkyBridge Capital CEO Anthony Scaramucci Says SEC Should Be Kept in Check With New Pro-Crypto Initiatives appeared first on The Daily Hodl.

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Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF

Anthony Scarammuci also noted that there was "clearly fraud" in the SBF and FTX debacle, while Mike Novogratz said there’s a side of him that would like to “punch” SBF in the face.

SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to “punch” SBF right in the jaw.

SkyBridge and FTX

FTX Ventures acquired a 30% stake in the alternative asset manager SkyBridge for an undisclosed fee on Sept. 9, just a couple of months before FTX filed for bankruptcy in November.

Speaking to CNBC on Jan. 13, Scaramuci noted that in light of FTX’s troubles, SkyBridge is making progress in buying back that stake, but suggested the move wouldn’t be able to get sorted “until probably the end of the first half of this year.”

“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,” the CEO said, adding that "I think it will resolve itself favorably." 

Speaking on former FTX CEO and founder Sam Bankman-Fried, Scaramucci outlined his thoughts that there has likely been some foul play there. 

“I think it’s very clear now that there was fraud. We’ll of course have to let the legal system determine all of those things. But for Sam, he's got three of four of the principles that have worked alongside him have already pled guilty, and explained to prosecutors what they did,” Scaramucci said.

The CEO’s comments provide a stark contrast to his previous statements to CNBC from November, in which Scaramucci refused to use the “fraud” word due to its legal ramifications, and urged “Sam and his family to tell the truth to their investors, get to the bottom” of the whole debacle.

According to SkyBridge’s website, it had $2.2 billion worth of assets under management as of Sept. 30, 2022, with roughly $800 million of the figure comprised of digital-asset-related investments.

Galaxy CEO looking for a smackdown

Galaxy Digital CEO Mike Novogratz says there is a side of him that would like to punch both SBF and Digital Currency Group CEO Barry Silbert for their reported antics during crypto winter.

In an interview with Bloomberg posted on Jan. 13, Novogratz noted that the FTX ordeal ended up directly costing Galaxy around $77 million. As such he’s not a huge fan of SBF and other alleged misbehavior in the space over the past year.

“The toxic masculine side of me would like to punch them both in the jaw,” he said of SBF and Silbert, before adding specifically on SBF: “You’ve got to be f---ing kidding me. Like, really, you a------?”

Related: Crypto community unimpressed by SBF’s lengthy Substack letter

Novogratz ultimately admitted that he is still a crypto proponent despite 2022 being such a wild year for the industry.

He did note however, that he wished he had taken more capital off the table earlier in 2022 before FTX and even the Terra/LUNA ecosystem went bust. Still, he says he managed to get more than $1 billion out before that year began.

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Traders Are Sleeping on BlackRock’s Crypto Move, Says Hedge Fund CEO Anthony Scaramucci – Here’s What He Means

Traders Are Sleeping on BlackRock’s Crypto Move, Says Hedge Fund CEO Anthony Scaramucci – Here’s What He Means

Skybridge Capital founder Anthony Scaramucci says that inadequate attention is being paid to the foray into crypto by the world’s largest asset manager, BlackRock. Scaramucci says in a CNBC interview that the move by the Larry Fink-led asset management behemoth to launch a spot Bitcoin (BTC) private trust is an indication of institutional demand for […]

The post Traders Are Sleeping on BlackRock’s Crypto Move, Says Hedge Fund CEO Anthony Scaramucci – Here’s What He Means appeared first on The Daily Hodl.

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‘Demand Shock’ Coming for Bitcoin (BTC) As Institutions Eye Up BTC, Says Hedge Fund Boss Anthony Scaramucci

‘Demand Shock’ Coming for Bitcoin (BTC) As Institutions Eye Up BTC, Says Hedge Fund Boss Anthony Scaramucci

Former White House communications director Anthony Scaramucci believes that Bitcoin (BTC) has solid fundamentals that will drive demand in the future. In a new interview with CNBC’s Fast Money Halftime Report, Scaramucci was asked to speculate on the general state of crypto. “Well, look – there’s a couple of positives. Obviously, the negatives were a combination of […]

The post ‘Demand Shock’ Coming for Bitcoin (BTC) As Institutions Eye Up BTC, Says Hedge Fund Boss Anthony Scaramucci appeared first on The Daily Hodl.

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