The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed.
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The SkyBridge founder opened up about his trust in FTX founder Sam Bankman-Fried which was ultimately broken after the exchange collapsed.
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It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets.
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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.
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The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.
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Anthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward.
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Some high-profile investors have taken the recent market downturn as an opportunity to add to their crypto positions, though others warn there’s still a risk of worse to come.
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