SkyBridge Capital founder Anthony Scaramucci has stated that government prosecutors will prove to be a formidable challenge for FTX co-founder Sam Bankman-Fried, also known as SBF, and he will not be able to ‘out-fox’ them. 
<h2 id="span-style-font-weight-400-sbf-taking-a-stand-is-a-very-bad-move-span">SBF Taking a Stand is a ‘Very Bad Move”</h2> 
As per the <a href="https://cointelegraph.com/news/sam-bankman-fried-wont-out-fox-prosecutors-scaramucci">report</a>, Scaramucci has expressed the opinion that Sam Bankman-Fried taking the stand in his criminal trial is a “very bad move,” as the FTX co-founder is likely to be thoroughly scrutinized and challenged by prosecutors, potentially facing a tough legal battle.&nbsp; 
<h3 id="span-style-font-weight-400-skinned-alive-span">“Skinned Alive”</h3> 
On October 25, during an interview on <a href="https://www.cnbc.com/video/2023/10/25/sam-bankman-fried-has-no-way-to-escape-in-fraud-trial-says-skybridges-anthony-scaramucci.html">CNBC’s</a> Last Call, Scaramucci shared his views on the matter. He said: “He’s gonna get skinned alive; 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.” In addition, he observed a substantial reevaluation of Bankman-Fried’s public image.&nbsp; 
Approximately a year ago, SBF was commonly perceived as a “congenial nerd” who intended to donate his wealth generously. However, the testimonies of former FTX executives have unveiled a hidden malevolent aspect to his character. 
He asserts: “He thought he was going to take that money, and he was so smart that he would out-trade the market and put the money back and end up as a half-a-trillionaire, but it never works like that.” 
<h2 id="span-style-font-weight-400-sbf-and-scaramucci-s-history-span">SBF and Scaramucci’s History</h2> 
In September 2022, <a href="https://thecoinrise.com/ftx-ventures-is-reportedly-acquiring-30-stake-in-skybridge-capital/">FTX Ventures purchased a 30% ownership</a> interest in the New York-based global investment firm, SkyBridge Capital. Notably, Scaramucci is currently endeavoring to repurchase this stake from the now insolvent company. <a href="https://thecoinrise.com/skybridge-co-founder-anthony-scaramucci-calls-out-sam-bankman-fried/">Scaramucci has criticized SBF before</a>, notably for his perceived betrayal and his sentiments regarding FTX’s collapse. 
<h3 id="span-style-font-weight-400-caroline-ellison-s-testimony-span">Caroline Ellison’s Testimony</h3> 
It is noteworthy to mention that in the trials of SBF, Caroline Ellison, a former Alameda executive <a href="https://thecoinrise.com/alameda-ceo-and-ftx-exec-plead-guilty-to-charges/">who had previously pleaded guilty</a> and was now testifying, has consistently <a href="https://thecoinrise.com/sbf-trial-caroline-ellison-testifies-of-bankman-frieds-financial-maneuvers/">offered compelling information about SBF</a>‘s financial activities. A central element of Ellison’s testimony has been Bankman-Fried’s unwavering determination to obtain additional funds for his ambitious trading strategies and acquisitions. 
The post <a rel="nofollow" href="https://thecoinrise.com/sbf-cannot-out-fox-doj-prosecutors-anthony-scaramucci/">SBF Cannot ‘Out-Fox’ DoJ Prosecutors: Anthony Scaramucci</a> appeared first on <a rel="nofollow" href="https://thecoinrise.com">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

SBF Cannot ‘Out-Fox’ DoJ Prosecutors: Anthony Scaramucci

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