• Anthony Scaramucci says he got only $400,000 back on his $10 million investment in FTX's token

    12 days ago - By Business Insider

    Sam Bankman-Fried and Anthony Scaramucci. David Dee Delgado/Getty Images; Arturo Holmes/Getty Images
    Anthony Scaramucci says he only got $400k back from a $10 million investment in FTX's token.
    The SkyBridge Capital investor backed FTT after receiving $45 million in funding from FTX.
    But he told Bloomberg he remains bullish on cryptocurrencies and expects the Fed to halt interest-rate increases.
    Anthony Scaramucci says he only got $400,000 back on a $10 million investment in FTX's key coin, but says that won't put him off crypto in the future. Speaking in an interview with Bloomberg , the...
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  • Sam Bankman-Fried gave $400 million to an obscure crypto-trading firm cofounded by a Jane Street trader just 2 years out of college, report says

    12 days ago - By Business Insider

    Sam Bankman-Fried. Lev Radin/Pacific Press/LightRocket via Getty Images
    Sam Bankman-Fried sent $400 million to Modulo Capital, an obscure crypto trading firm.
    One of the founders was once romantically involved with Bankman-Fried, per the New York Times.
    Another, the Times said, was just two years out of college.
    The founders of an obscure crypto-trading firm given $400 million by Sam Bankman-Fried had close ties to the FTX founder, according to the New York Times. Modulo Capital was founded in March 2022, before receiving one of Bankman-Fried's largest investments and drawing the attention...
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