The FTX collapse was a regulatory blow.


Saturday, May 6, 2023|

 It has been almost six months since FTX collapsed, and a lot has happened, including executives being charged to industry businesses. Anthony Scaramucci, former White House comms director and founder and managing partner of SkyBridge Capital invested in the exchange. What life has been like since FTX's downfall was shared by the US president.

 

 If I can prevent one person from having that happen to them, then I should talk about it. Harrison resigned from FTX weeks before it collapsed. He launched his own company that makes trading infrastructure for large investors. His startup raised $5 million and is backed by many people.

 

 SkyBridge Capital sold a stake in FTX weeks before the exchange exploded. In about eight weeks, we went from hero to zero. Neither Harrison nor Scaramucci have spoken to Sam Bankman-Fried in months. When he resigned from FTX, Harrison said the last time they talked was.

 

 He said he sent Bankman-Fried a text message telling him he was leaving, and Bankman-Fried replied with a red heart.  .