Skybridge from Scaramucci bought FTX token worth $ 10 million in return for an investment

ftx founder Sam Bankman-Fried asked Anthony Scaramucci to buy digital tokens created by his cryptocurrency exchange, as a condition for the adoption of a 30 percent participation in Skybridge Capital, in an early sign that he tried to support Coin's prize, according to three people with knowledge of the agreement.

The Fund Manager Skybridge, led by Scaramucci, bought FTT worth $ 10 million, the tokens issued by FTX, said two of the people.

The bankruptcy of FTX After a liquidity crisis last week, the cryptocurrency industry shaked, triggered investigations by global supervisory authorities and left up to 1 million creditors.

Until recently Bankman-Fried was considered a billion dollar supporter of the crypto industry. He also came to save Skybridge, which has invested heavily in crypto under the leadership of Scaramucci in the past two years.

The deal that Banksman-Fried and Scaramucci announced in September included that FTX Ventures paid $ 45 million for a 30 percent participation in Skybridge. According to the conditions of the agreement, Skybridge was obliged to issue $ 40 million for the purchase of cryptocurrencies.

Scaramucci said that the transaction was proof that Skybridge had a long -term future. "If you have $ 50 million of liquid funds in your balance sheet, people don't believe that they are giving up their business," he said reporters at his Salt Finance Conference in New York.

Now Scaramucci is looking for ways to buy FTX back to his company, even if Bankman-Fried's crypto empire goes through insolvency proceedings, he recently told CNBC.

Scaramucci and Skybridge did not want to comment on Wednesday. Bankman-Fried did not answer a request for comment.

ftt played a crucial role in the financial crisis, the FTX devoured after a document that was allowed to the crypto publication Coindesk, showed that Alameda Research, a sister trade company, which also belongs, kept large amounts of the tokens in his balance sheet, which was caused by his financial health.

The concern increased after Changpeng Zhao, the managing director of the competing Krypto exchange Binance, announced at the beginning of this month that she would sell the approximately $ 600 million to FTT, which she had received from an early stake in FTX as part of her exit. The step threatened to press the FTT price.

During an interview at the Bloomberg New Economy Forum on Tuesday,

scaramucci speculated that the decision of Binance to sell FTT was triggered by negative comments that Bankman-Fried had made through Zhao during a recent trip to the Middle East.

The FTT-TOKEN is not traded far. According to CoinmarketCap, only 10 crypto money exchanges control 94 percent of the coin range. When the price of the token was under pressure at the beginning of last week, Alameda stepped in to buy and defend FTT, said analysts of the crypto research company Kaiko.

ftt finally broke together on Tuesday last week when FTX faltered from customer withdrawals and a liquidity crisis. The token is now traded below $ 2, compared to more than $ 26 in early November.

Skybridge began almost two decades ago as a roof hedge fund business that gave wealthy customers access to some of the best-known investment administrators in the industry. Scaramucci, who worked under the former President Donald Trump for a short time as a communication director of the White House, tried to sell the company to the Chinese HNA Group, but the deal was failed by the Trump administration.