Bankman-Fried’s Crypto Exchange FTX Files For Chapter 11 Bankruptcy

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Anthony Scaramucci, the founder of SkyBridge Capital and short-time Trump communications director, flew to the Bahamas this week to help Bankman-Fried as an investor and friend. However, the billionaire said it appeared beyond the point of a simple liquidity rescue. 

“Duped I guess is the right word, but I am very disappointed because I do like Sam,” Scaramucci said on CNBC’s Squawk Box Friday morning. “I don’t know what happened because I was not an insider at FTX.”

The Chapter 11 proceedings exclude the following subsidiaries: LedgerX LLC, FTX Digital Markets Ltd., FTX Australia Pty Ltd., and FTX Express Pay Ltd.