Scaramucci Describes FTX's Collapse at Consensus - Coinleaks
Current Date:November 7, 2024

Scaramucci Describes FTX’s Collapse at Consensus

Anthony Scaramucci, founder of Skybridge, talked about how FTX’s final days went.

Skybridge founder Scaramucci talked about how the collapse of FTX happened at the event he attended. Scaramucci said CZ was not responsible for the stock market crash.

The Last Days of FTX Told at Consensus

Skybridge founder Anthony Scaramucci talked about what FTX’s final days were like. He claimed that many of the bankrupt crypto exchange’s employees probably didn’t know what their executives were doing behind closed doors until it was too late.

The Skybridge founder added that Binance CEO Changpeng Zhao (CZ) was not responsible for the collapse.

However, he said the reason for CZ to sell the FTX tokens is likely due to a contact between FTX and sister company Alameda Research. Scaramucci described this event as the last exit before the bridge.

On the subject, the founder of Skybridge used the following statements:

“If Sam had been running the business properly, it could have been at a different point. Some people went on stage like this and said, “CZ put Sam out of business.” No, Sam, he’s done himself with the way he did it.”

The collapse of FTX last year caused a great shock in the crypto money industry.