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 <p class="is-style-lead">Anthony Scaramucci, founder of SkyBridge Capital, anticipates a challenging criminal <a rel="noopener noreferrer nofollow" title="trial" href="https://thebittimes.com/tag/trial.html">trial</a> for Sam Bankman-Fried, predicting that experienced prosecutors will find weaknesses in his defense.</p>
 <p>In an Oct. 25 interview on CNBC’s Last Call, Scaramucci expressed his belief that the United States Department of Justice prosecutors will easily dismantle Bankman-Fried’s defense, potentially adding years to his sentence.</p>
 <blockquote class="wp-block-quote">
  <p>“He’s gonna get <a rel="noopener noreferrer nofollow" title="skinned" href="https://thebittimes.com/tag/skinned.html">skinned</a> <a rel="noopener noreferrer nofollow" title="alive" href="https://thebittimes.com/tag/alive.html">alive</a>; there’s no way to escape. He thinks he’s going to outfox the prosecutors, but they’re very, very well experienced with this stuff.”</p> <cite>Anthony Scaramucci, founder of SkyBridge Capital</cite>
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 <p>Scaramucci’s comments come amid growing scrutiny of Bankman-Fried, who was once viewed as a philanthropic figure in the crypto industry. “A year ago, he was considered a congenial nerd who planned to give all his money away,” Scaramucci said.</p>
 <p>However, recent testimonies from former executives at FTX, the cryptocurrency exchange founded by Bankman-Fried, have painted a different picture, suggesting “there was malevolence” in his actions.</p>
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 <p>The SkyBridge Capital founder also delved into Bankman-Fried’s past ambitions, stating that the former CEO had plans to outsmart the market—a gamble that ultimately did not pay off.</p>
 <blockquote class="wp-block-quote">
  <p>“He thought he could out-trade the market and become a half-a-trillionaire, but things never work out that way.”</p> <cite>Anthony Scaramucci, founder and managing partner of SkyBridge Capital.</cite>
 </blockquote>
 <p>This development is particularly noteworthy given SkyBridge Capital’s business ties with FTX. In September 2022, FTX Ventures acquired a 30% stake in SkyBridge, which Scaramucci is now attempting to buy back from the beleaguered firm.</p>
 <p>Scaramucci admitted feeling “embarrassed” about introducing Bankman-Fried to heads of state, a decision he now regrets. “At the time, I saw a smart guy who was well-intended,” he said.</p>
 <p>As Bankman-Fried prepares to take the stand, Scaramucci warned that it would be a “very bad move” for him. “He’s going to get nailed here,” Scaramucci concluded, emphasizing the experience and skill of the prosecutors he will face.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Breaking: FTX founder Sam Bankman-Fried to testify in criminal trial
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/scaramucci-predicts-sam-bankman-fried-will-be-skinned-alive-at-trial-tbt67910.html">https://thebittimes.com/scaramucci-predicts-sam-bankman-fried-will-be-skinned-alive-at-trial-tbt67910.html</a></p>

Scaramucci predicts Sam Bankman-Fried will be ‘skinned alive’ at trial

TheBitTimes

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