In a candid interview with Pandoraland at the World Economic Forum in Davos, Anthony Scaramucci, co-founder of SkyBridge Capital, lambasted Sam Bankman-Fried and clarified his crypto portfolio.

Scaramucci said he had actually trusted the former FTX CEO, whose crypto exchange imploded in late 2022. Scaramucci said throughout a panel preceding the interview that the “ninth circle of hell” is reserved for SBF. He added additional color to his remarks in his discussion with Pandoraland:

“I in fact thought he was the Mark Zuckerberg of crypto. I didn’t understand he was the Bernie Madoff. And that’s something I need to own. Therefore I own it.”

The “Mooch,” as he is understood, explained he’s delighted to discuss his errors in relying on SBF. “I like speaking about it because if I can prevent someone else from having a catastrophe like that, simply from learning from us, that’s worth it to me,” he explained.

Scaramucci is currently operating at clawing back his company’s share thatFTX lost. He is confident that the 30% stake that FTX Ventures obtained would be returned at some point in 2023.

‘I thought SBF was the Mark Zuckerberg of crypto,’ says Anthony Scaramucci
The Pandoraland group is reporting live from Davos.Speaking with Gareth Jenkinson, senior press reporter at Pandoraland, Scaramucci likewise divulged his crypto portfolio:”I began marking Bitcoin financial investments in 2020. We then started buying Ethereum in the early part of 2021. We have some Solana, we have actually something called Algorand, which is a smaller sized layer one, but it’s got very good technology. “SkyBridge Capital’s financial investments in crypto might come as a surprise to a thought leader who once tweeted he”

might care less”about Bitcoin(BTC ). Undoubtedly, since Scaramucci initially tweeted about Bitcoin one years ago in 2013, the currency is up over 1,000%. @onlyonewowwow @obsoletedogma for the record, I don’t know what a #bitcoin is and could negligent. Caveat Emptor– Anthony Scaramucci (@Scaramucci)April 12, 2013 Scaramucci concluded he had actually made lots of errors during his Bitcoin and crypto journey. It took him several years and interactions with leaders in the

space, such as the Winklevoss twins, before he invested. He shared that”skepticism is typically born from a lack of knowledge,” adding:”The more

research you do on the blockchain, the more you comprehend how the blockchain is going to be a huge part of our future.”The Mooch is now a regular analyst on the crypto area, and recently shared 2023 price predictions for Bitcoin in the six-figure area. The “mainstream

“has yet to truly concern grips with blockchain technology, he said.Related: Scaramucci to invest in crypto firm established by former FTX United States employer Ultimately,

as a growing number of people start to comprehend the value of transacting with one another without a third party, the Bitcoin and blockchain space will fly: “When you understand the magnitude of that, it will be a fantastic layering mechanism that will lead to fantastic economic performance and innovation. So that’s why I

‘m in the space.” According to Scaramucci, there is still a lot of space for development in the Bitcoin, blockchain and crypto markets.