CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CryptoIntelligence 2024-11-10 13:55:00

FTX Files $100 Million Lawsuit Against Anthony Scaramucci and SkyBridge Capital

The FTX bankruptcy estate is pursuing over $100 million from SkyBridge Capital and its founder, Anthony Scaramucci, to recover funds that former FTX CEO Sam Bankman-Fried (SBF) allocated toward sponsorships and investments with SkyBridge in 2022. According to a legal filing on November 8, Bankman-Fried’s engagements with SkyBridge Capital and Scaramucci began with a $12 million sponsorship of Scaramucci’s SALT conference in January 2022. Following this, in March 2022, SBF directed Alameda Research to invest $10 million in the SkyBridge Coin Fund. Later, in September 2022, FTX purchased a 30% stake in the companies managing SkyBridge investment vehicles for $45

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.