Skybridge CEO Anthony Scaramucci said the company is making progress on buying back the 30% stake it sold to FTX last year, as he distanced himself from the troubled SBF.
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.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.today. FTX and Sam Bankman-Fried bought a 30% stake in Scaramucci's SkyBridge Capital before FTX collapsed. Now Scaramucci says that he's confident he'll be able to buy that stake back.
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