SOL - Anthony Scaramucci Says Skybridge Had 'Best Month' In History Thanks To Investments In These 2 Coins: 'It Served Us And Our Clients Well' | Benzinga
SkyBridge Capital, the hedge fund company founded by Anthony Scaramucci, on Tuesday, said it experienced record-breaking monthly returns, primarily attributed to investments in Bitcoin (CRYPTO: BTC).
What Happened: According to Scaramucci, the month of October has been the best in SkyBridge’s history. "We're on a good roll now. The month of October has probably been the best month in SkyBridge's history," Scaramucci said during an interview on Bloomberg TV.
However, SkyBridge had faced some reputational damage due to its association with Sam Bankman-Fried, the former CEO of crypto exchange FTX. "I think it’s hurt our reputation. There’s [no] question about that. I think it would be naive to think that we didn’t get hurt by it."
Bankman-Fried is currently facing trial in New York on charges of fraud and misuse of FTX customer funds.
Scaramucci expressed his belief that Bankman-Fried has no plausible defense and that the ...