Sam Bankman-Fried has no way to ‘outfox’ prosecutors: Scaramucci

When Sam “SBF” Bankman-Fried stands trial, it will be no match for the state prosecutors who will create a hole in the defense, said Anthony Scaramucci, founder of SkyBridge Capital.

In an Oct. 25 interview on CNBC's Last Call, Scaramucci said U.S. Justice Department prosecutors point to all of Banman-Fried's inconsistencies, which he said “adds years to him.”

“He peels off the skin with life; There is no way to escape. He thinks he'll get the prosecution out of Fox, but they have very, very good experience with this stuff.

Scaramucci believes there is a “complete history revision” against Bankman-Fried, because a year ago he was considered a “cool nerd who was going to give away all the money” but, according to testimony from former FTX executives, “was a jerk.”

“He thought he was going to take this money, and he was so smart that he would take it out of the market and put the money back and get like half-a-trillion dollars, but it doesn't work like that,” he added. .

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In September 2022, FTX Ventures acquired a 30% stake in Skybridge, which Scaramucci is currently trying to buy back from the bankrupt firm.

In January, before the former FTX CEO was accused of misappropriating client funds, Bankman-Fried told Cointelegraph that he was “the Mark Zuckerberg of crypto.”

On CNBC, Scaramucci said he took Banman-Fried to the presidents, which he was “embarrassed” about now, but at the time he saw “a smart guy with good intentions.”

Scaramucci added: “He's nailed where he stands here.” “It's a very bad move for him.”

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