SkyBridge Capital Wants to Buy Back Stake From FTX as Exchange Collapses
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Anthony Scaramucci's SkyBridge Capital wants to buy back its stake from collapse cryptocurrency exchange FTX, Reuters reports.

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In a commentary to media, Scaramucci said that his legal team and other partners "are working to buy back that stake to take him [FTX Founder Sam Bankman-Fried] off of our cap table."

Scaramucci reassured his clients that SkyBridge doesn't have assets under FTX's custody as this move would have been considered as a "potential conflict of interest." Scaramucci also said he met Bankman-Fried on Tusday to help rescue the exchange, but soon realized there was not much he could do as there was "more going on than it being a rescue situation."

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Earlier this year, FTX's investment arm, FTX Ventures, announced the purchase of a 30% stake in SkyBridge Capital. Scaramucci said back then that FTX had bought SkyBridge's capital stock and none of the firm's partners sold their stocks.

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