{"id":62757,"date":"2023-10-26T04:50:20","date_gmt":"2023-10-26T08:50:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=62757"},"modified":"2023-10-26T05:04:18","modified_gmt":"2023-10-26T09:04:18","slug":"anthony-scaramucci-on-sbf-testifying-in-his-trial","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/anthony-scaramucci-on-sbf-testifying-in-his-trial\/","title":{"rendered":"Anthony Scaramucci on SBF Testifying in His Trial"},"content":{"rendered":"\n

Scaramucci states that SBF's decision to testify in his criminal trial is a “a very bad move” as he would be “skinned alive” by prosecutors.<\/a><\/p>\n\n\n\n

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Anthony Scaramucci on SBF Testifying in His Trial<\/figcaption><\/figure>\n\n\n\n

Sam “SBF” Bankman-Fried will be no match for government prosecutors, who will poke holes in his defense during his criminal prosecution, according to Anthony Scaramucci, founder of SkyBridge Capital.\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>\n\n\n\n

Scaramucci stated on CNBC's Last Call on October 25 that United States Department of Justice prosecutors will “point out all the contradictions” he believes Bankman-Fried has made, thereby “adding years to his sentence.”<\/p>\n\n\n\n

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\u201cHe\u2019s gonna get skinned alive; there\u2019s no way to escape. He thinks he\u2019s going to outfox the prosecutors, but they\u2019re very, very well experienced with this stuff.\u201d<\/p>\n<\/blockquote>\n<\/div>\n<\/div>\n\n\n\n

Scaramucci believed there has been a “complete rewriting of history” regarding Bankman-Fried, as a year ago, he was viewed as a “nice nerd who was going to give his money away.” In contrast, the testimony of former FTX executives demonstrated “malice.”<\/p>\n\n\n\n

“He believed he could out-trade the market, reinvest the money, and become a half-billionaire,” he continued. “However, it never works out that way.”<\/p>\n\n\n\n

FTX Ventures acquired a 30% stake in SkyBridge in September 2022, which Scaramucci is attempting to repurchase from the insolvent company.<\/p>\n\n\n\n

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Scaramucci (second from the left), Bankman-Fried (second from the right) and Kevin O\u2019Leary (first from the right) dining at a New York conference. Source: SALT<\/figcaption><\/figure>\n\n\n\n

Before allegations that the former FTX CEO misappropriated customer funds, he told reporters in January that he believed Bankman-Fried to be “the Mark Zuckerberg of crypto.<\/p>\n\n\n\n

Scaramucci stated on CNBC<\/use><\/svg><\/span><\/a> that he was “embarrassed” about introducing Bankman-Fried to heads of state, but at the time, he saw “a smart guy who was well-intentioned.”<\/p>\n\n\n\n

Scaramucci continued, \u201cHe\u2019s gonna get nailed here going on the stand; it\u2019s a very bad move for him.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Scaramucci states that SBF’s decision to testify in his criminal trial is a “a very bad move” as he would be “skinned alive” by prosecutors. Sam “SBF” Bankman-Fried will be no match for government prosecutors, who will poke holes in his defense during his criminal prosecution, according to Anthony Scaramucci, founder of SkyBridge Capital. Scaramucci […]<\/p>\n","protected":false},"author":53,"featured_media":62771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[15085,5717,16659],"class_list":["post-62757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-anthony-scaramucci","tag-ftx-2","tag-sbf-trial-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/10\/Anthony-Scaramucci-on-Trump.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=62757"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/62757\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/62771"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=62757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=62757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=62757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}