Crypto: Two Giants Do Business in the Face of Gloom

The crash of the cryptocurrency market from its records has completely changed the situation in this young industry. 

The cards are being redistributed. 

The faith of evangelists has been shaken by enormous losses, thus forcing new alliances. It is in this context that Sam Bankman-Fried, considered the “white knight” of the crypto space, has just concluded a deal with Anthony Scaramucci, the former director of communications (briefly) at the White House under former president Donald Trump.

FTX Ventures, one of the SBF’s companies as Bankman-Fried is referred to, will acquire 30% of Skybridge Capital, the alternative investment company founded by Scaramucci, nicnamed the Mooch. Financial terms of the transaction were not disclosed.

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