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“I thought SBF was the Mark Zuckerberg of crypto,” said Anthony Scaramucci.

Delbert Williams IIBy No Comments3 Mins Read

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

Scaramucci trusted former FTX CEO Sam Bankman-Fried (SBF), who imploded in late 2021. He added more color to his comments in a discussion with Cointelegraph.

“I actually thought he was the Mark Zuckerberg of cryptocurrency. I didn’t know he was Bernie Madoff. And that’s what I have to own. So I own it.” doing.

Known as “Mooch”, he explained that he was happy to talk about his failure to trust the SBF. “I like to talk about it because if I can prevent someone else from being in such a mishap just by learning from us, it’s worth it to me,” he explained. .

Scaramucci is now trying to regain the share of his company that FTX has lost. He is confident that his 30% stake acquired by FTX Ventures will be returned to him in 2023.

The Cointelegraph team is reporting live from Davos.

Speaking to Cointelegraph senior reporter Gareth Jenkinson, Scaramucci also revealed his cryptocurrency portfolio.

“I started marking bitcoin investments in 2020. Then I started buying ethereum in early 2021. There are some Solanas and there is one called Algorand. It’s a small layer thing, but it has very good technology.”

SkyBridge Capital’s investment in cryptocurrencies may come as a surprise to thought leaders who once tweeted that they “don’t care too much” about Bitcoin (BTC). In fact, 10 years ago, Bitcoin has risen more than 1,000% since Scaramucci first tweeted about it in 2013.

Scaramucci concluded that he made many mistakes in his Bitcoin and cryptocurrency journey. It took him years, and interaction with leaders in the field, such as the Winklevoss twins, before he invested. He said, “Scepticism is usually born out of a lack of knowledge.”

“The more we do our homework about blockchain, the more we realize that it will be a huge part of our future.”

Mooch is now a regular commentator in the crypto space and recently shared Bitcoin’s 2023 price prediction in the six-figure realm. “Mainstream” still doesn’t really understand blockchain, he shreds

Related: Scaramucci Invests in Crypto Firm Founded by Former FTX US Boss

Ultimately, the Bitcoin and blockchain space will grow exponentially as more people understand the importance of transacting with each other without a third party.

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

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