“I thought SBF was the Mark Zuckerberg of cryptocurrency,” says Anthony Scaramucci

In a candid interview with Cointelegraph at the World Economic Forum in Davos, Anthony Scaramucci, co-founder of SkyBridge Capital, lashed out at Sam Bankman-Fried and shed light on his cryptocurrency portfolio.

Scaramucci confided in the former CEO, Sam Bankman-Fried (SBF) of FTX, who imploded in late 2021. Scaramucci said in a pre-interview panel that the “ninth circle of hell” is reserved for SBF. He added more color to the comments in conversation with Cointelegraph:

“In fact, I thought he was the Mark Zuckerberg of cryptocurrency. I didn’t realize he was the Bernie Madoff. And that’s something I have to admit. And that’s why I recognize it.”

The “Mooch”, as he is known, explained that he likes to talk about his mistakes in trusting SBF. “I like to talk about it because if I can prevent another person from suffering a calamity like that, just by learning from us, it’s worth it to me”he explained.

Scaramucci currently works for regain participation that FTX lost. Trust that the 30% share that FTX Ventures acquired is returned to it sometime in 2023.

The Cointelegraph team is reporting live from Davos.

Speaking with Gareth Jenkinson, a senior reporter for Cointelegraph, Scaramucci also disclosed his cryptocurrency portfolio:

“I started marking Bitcoin investments in 2020. Then we started buying Ethereum in early 2021. We have something from Solana, we have something called Algorand, which is a smaller layer, but has very good technology.”

SkyBridge Capital’s investments in cryptocurrencies may surprise a thought leader who once tweeted that he “don’t give a damn” about Bitcoin (BTC). In fact, since Scaramucci first tweeted about Bitcoin a decade ago in 2013, the coin is up more than 1000%.

Scaramucci concluded that he had made many mistakes during his journey with Bitcoin and cryptocurrencies. It took many years and interactions with leaders in the space, like the Winklevoss twins, before he invested. He shared that “skepticism is usually born out of a lack of knowledge.”

“The more homework you do on the blockchain, the more you will understand how the blockchain will be a very important part of our future.”

Mooch is now a regular commentator in the crypto space and recently shared 2023 price predictions for Bitcoin in the six-figure territory. The “mainstream” has yet to really get to grips with the blockchain, he shared.

As a last resort, As more and more people begin to understand the importance of transacting with each other without a third party, Bitcoin and the blockchain space will take off:

“When you understand the magnitude of that, it will be a wonderful layering mechanism that will lead to great economic efficiency and innovation. That’s why I’m in space.”

According to Scaramucci, there is still a lot of room for growth in the Bitcoin, blockchain and cryptocurrency markets.

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“I thought SBF was the Mark Zuckerberg of cryptocurrency,” says Anthony Scaramucci