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FTX bankruptcy estate sues Anthony Scaramucci, FWD.us, others
Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other
FTX claims that the money targeted in these suits was part of “a campaign of influence-buying” by founder and CEO Sam Bankman-Fried, conducted as the company was struggling to meet its own cashflow needs. The lawsuit claims, “These ‘investments’ conveyed little to no benefit to Debtors, and instead served only to prop up Bankman-Fried’s standing in the worlds of politics and traditional finance,” which he then attempted to leverage as “potential sources of equity investment in FTX to fill the hole in the balance sheet and, therefore, keep his scheme afloat.” In the case of SkyBridge and Scaramucci (a financier who briefly served as White House Communications Director under Donald Trump), FTX announced that it was acquiring a 30% stake in SkyBridge in September 2022, just a few months before FTX went bankrupt and Bankman-Fried was arrested.
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