Scaramucci Says 'Ninth Circle Of Hell' Reserved For SBF: 'Thought Sam Was Mark Zuckerberg Of Crypto'

SkyBridge Capital managing partner Anthony Scaramucci has spoken openly about the "betrayal" he experienced in the wake of the FTX debacle with Sam Bankman-Fried, someone he previously considered a friend.

What Happened:  At Casper Lab’s Blockchain Hub event in Davos, Switzerland on Monday, Scaramucci expressed his feelings of betrayal and fraud in relation to the FTX fiasco and his close friendship with Bankman-Fried. “I have to tell you that the betrayal and the fraud, it’s bad on a lot of different levels, it certainly hurt my reputation, but I’m just talking about the visceral relationship with somebody,” he said.

To emphasize his point, Scaramucci drew a comparison to Dante Alighieri’s Inferno, saying: “If anybody here has read Dante Alighieri’s Inferno, you know what the ninth circle of Hell is reserved for. It’s for the betrayal of a friend who lives with the devil – the ninth circle of hell on the frozen lake.” 

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“I’m a high-profile person so my mistakes get wildly magnified, [that’s] totally fine but I’m not gonna stop the risk-taking,” Scaramucci said, adding, “I thought Sam was the Mark Zuckerberg of crypto, I did not think he was the Bernie Madoff of crypto.”

What’s Next: Scaramucci made a bold statement about the potential for Bitcoin BTC/USD.

"If Bitcoin could trade back to $35,000, SkyBridge is going to have an amazing year," he said.

The crypto market experienced a rally in January, which Scaramucci attributes to the upcoming halving in May. This event, which cuts the number of new bitcoins released in half, will likely have a significant impact on the demand and pricing of the crypto market. 

Meanwhile, Scaramucci said he would invest in a company founded by Brett Harrison, the former CEO of the defunct crypto exchange FTX. In an email shared with Bloomberg, Scaramucci said he would invest his money in the project to show his support for Harrison. 

He recently informed CNBC that SkyBridge is actively working towards a potential buyback of a 30% stake in the company, previously sold to FTX back in September. 

Price Action: BTC was trading at $21,135 down 0.42% in the last 24 hours at the time of writing, according to Benzinga Pro.

Photo: Courtesy of World Economic Forum via Flickr.

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