{"id":9797,"date":"2023-01-16T04:32:05","date_gmt":"2023-01-16T04:32:05","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=9797"},"modified":"2023-01-16T04:32:07","modified_gmt":"2023-01-16T04:32:07","slug":"scaramucci-to-invest-in-crypto-firm-founded-by-former-ftx-us-boss","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=9797","title":{"rendered":"Scaramucci to invest in crypto firm founded by former FTX US boss"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US.<\/p>\n<p>Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US president Brett Harrison\u2019s new venture, which was\u00a0revealed\u00a0just three weeks after the collapse of crypto exchange FTX.<\/p>\n<p>It is understood that the crypto software company \u2014 which doesn\u2019t yet have a name \u2014 will enable crypto traders to create algorithmic-based strategies to access different markets, both centralized and decentralized.<\/p>\n<p>It is also understood that Harrison has been seeking a fundraising target as high as $10 million for a $100 million valuation. <\/p>\n<p>In a Jan. 14 tweet responding to Harrison&#8217;s lengthy thread on Sam Bankman-Fried and his time at FTX US, Scaramucci said he was \u201cproud\u201d to be an investor in Harrison\u2019s new company.<\/p>\n<p lang=\"en\" dir=\"ltr\">Brett I am proud to be an investor in your new company. Go forward. Don\u2019t look back.  Wishing you the best.<\/p>\n<p>\u2014 Anthony Scaramucci (@Scaramucci) January 14, 2023<\/p>\n<p>Harrison replied to the tweet thanking Scaramucci, adding that \u201cYour support and advice means the world to me. I can\u2019t wait to work together!\u201d<\/p>\n<p>The amount of capital deployed and stake received by Scaramucci was not disclosed, however. <\/p>\n<p>Harrison\u2019s new crypto venture was first hinted at on Sept. 27, when he announced thahe was stepping down from his role as president of FTX US.<\/p>\n<p>At the time, he said he was resigning his position as president but will remain with the exchange in an advisory role for the next few months. <\/p>\n<p>\u201cI can\u2019t wait to share more about what I\u2019m doing next,\u201d he said at the time. <\/p>\n<p>In his most recent Twitter thread, Harrison revealed that he left the firm after his relationship with Bankman-Fried abruptly deteriorated and that the troubles led him to shift his \u201cfocus to the future and to my own company.\u201d<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to \u2018punch\u2019 SBF<\/em><\/strong><\/p>\n<p>Meanwhile, Scaramucci continues to have high hopes for crypto market recovery this year, describing 2023\u2019s market outlook as a \u201crecovery year.\u201d<\/p>\n<p>In an interview with CNBC on Jan. 15, the crypto investor said he expects Bitcoin (BTC) to rebound to the $50,000-100,000 range within the next two to three years.<\/p>\n<p>\u201cYou are taking on risk but you\u2019re also believing in [Bitcoin] adoption. So if we get the adoption right, and I believe we will, this could easily be a fifty to one hundred thousand dollar asset over the next two to three years,\u201d he added.<\/p>\n<p>At time of publication, Bitcoin was currently trading at $21,240, up 21.77% over the last week.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/scaramucci-to-invest-in-crypto-firm-founded-by-former-ftx-us-boss\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US president Brett Harrison\u2019s new venture, which was\u00a0revealed\u00a0just three weeks after the collapse of crypto exchange FTX. It [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[2],"tags":[],"class_list":["post-9797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/9797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9797"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/9797\/revisions"}],"predecessor-version":[{"id":9799,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/9797\/revisions\/9799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/9798"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}