Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
The former president of FTX US established an encryption software company, which will be invested by the founder of Tianqiao Capital
余YU
读者
2023-01-15 07:21
This article is about 968 words, reading the full article takes about 2 minutes
SBF: Most of what Brett Harrison says is not true, and I don't want to argue with him publicly.

This article comes fromBloombergThis article comes from

Bloomberg

Bloomberg

, original author: Joanna Ossinger

Odaily Translator |SkyBridge Capital founder Anthony Scaramucci says he is investing in a cryptocurrency firm founded by former FTX US president Brett Harrison.Anthony Scaramucci said in an email that he will support Harrison by investing his own money in the company.

In December last year, informed sources revealed that,

Brett Harrison is trying to raise money for his encryption software company

. Its funding target could be as high as $10 million, with a valuation of up to $100 million. The idea was that crypto traders could use software to write algorithms for their strategies and access different types of crypto markets, both centralized and decentralized, two people familiar with the matter said at the time.Harrison told Bloomberg, “Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago. I’m honored to have him as my investment partner and I know he’ll be a great asset to me as I begin this new chapter. Your guidance will be invaluable."

In September last year, FTX Ventures, the venture capital arm of Sam Bankman-Fried’s cryptocurrency empire, announced that it will acquire a 30% stake in Skybridge Capital, and the two companies will expand their cooperation in venture capital and digital asset investment. When FTX fell into bankruptcy in November last year, Anthony Scaramucci said that SkyBridge would work hard to buy back this part of the stake. He later said he did some research on SBF before the deal, but it was "not enough".

Anthony Scaramucci recently told CNBC

, SkyBridge Capital could repurchase the shares it sold to FTX, but the issue could take months to resolve, pending approval from bankruptcy administrators, lawyers and investment bankers to determine what will be repurchased and when. The situation is likely to not be resolved until the end of the first half of the year, he added.

It is reported that Harrison worked at FTX US for about 17 months and left in September last year. He also worked at Citadel Securities and quantitative trading firm Jane Street.

In response to Brett Harrison's tweet, SBF stated, "Brett is a great developer with a deep understanding of FTX's products. While I strongly disagree with most of what he said, I don't want to argue with him publicly, and I also I don't think I'm qualified to publicly accuse him of his job performance unless he authorizes me to do so."

Related Reading:

SBF added, "I am saddened by what happened to all FTX employees and wish him all the best."

FTX
founder
invest
Welcome to Join Odaily Official Community