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(Bloomberg) — Anthony Scaramucci said he is investing in a company founded by Brett Harrison, former president of crypto exchange FTX US.
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Scaramucci plans to use his money on the venture to show his support for Harrison, he said in an email.
Bloomberg News reported last month that Harrison had sought funding for a cryptocurrency software company with a valuation of up to $100 million. The idea proposed is software that crypto traders can use to write the algorithms of their strategies and access different types of crypto markets, both centralized and decentralized, according to two people familiar with the matter. said at the time.
“Anthony has been a true mentor and friend to me since I entered the cryptocurrency industry two years ago,” Harrison said in response to a question from Bloomberg News. His guidance will be invaluable as I begin this new chapter.”
FTX Ventures, the venture capital arm of Sam Bankman-Fried’s crumbling crypto empire, acquired a 30% stake in Scramucci’s Skybridge Capital in September, expanding the two companies’ collaboration in venture and digital asset investments announced. Scaramucci said SkyBridge would work to buy back its shares as FTX went bankrupt — and he later said that before the deal, he did some checks on Bankman-Fried, but it was “not enough.” not,’ he said.
Harrison worked at FTX US for approximately 17 months before resigning in September. Prior to that, he worked at Citadel Securities and quantitative trading firm Jane Street, and at Bankman-Fried.
Scaramucci commented on the investment in response to Harrison’s Twitter thread about his experience at FTX US.
“Brett was a great developer and had a deep understanding of the FTX product,” Bankman-Fried commented to Bloomberg News on Harrison’s Twitter thread. “While I strongly disagree with a lot of what he said, I do not want to enter into any public debate with him and I do not feel it is my position to publicly challenge him for the performance of his duties. not. “
Bankman-Fried added, “I am sorry for what happened to all FTX employees. I wish him the best of luck.”
–With help from Annie Massa and Hannah Miller.
(Adds Sam Bankman-Fried’s comment in last two paragraphs)
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