{"id":181345,"date":"2023-10-26T12:20:46","date_gmt":"2023-10-26T06:50:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=181345"},"modified":"2023-10-26T12:20:46","modified_gmt":"2023-10-26T06:50:46","slug":"sam-bankman-fried-has-no-way-to-out-fox-prosecutors-scaramucci-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/sam-bankman-fried-has-no-way-to-out-fox-prosecutors-scaramucci-crypto-news\/","title":{"rendered":"Sam Bankman-Fried has no way to \u2018out-fox\u2019 prosecutors: Scaramucci &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-v-3d3be88a=\"\">\n<p>Sam Bankman-Fried will be no match for government prosecutors who will poke holes in his defense when he takes the stand in his criminal trial, says SkyBridge Capital founder Anthony Scaramucci.<\/p>\n<p>In an Oct. 25 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/video\/2023\/10\/25\/sam-bankman-fried-has-no-way-to-escape-in-fraud-trial-says-skybridges-anthony-scaramucci.html\">interview<\/a> on CNBC\u2019s \u201cLast Call,\u201d Scaramucci said the Department of Justice prosecutors will \u201cpoint out all the contradictions\u201d he believes Bankman-Fried has made which will \u201cadd years to his sentence.&#8221;<\/p>\n<blockquote><p>&#8220;He\u2019s gonna get skinned alive, there\u2019s no way to escape. He thinks he\u2019s going to out-fox the prosecutors but they\u2019re very, very well experienced with this stuff.&#8221; <\/p><\/blockquote>\n<p>Scaramucci believed there\u2019s been a \u201cwhole revision of history\u201d on Bankman-Fried as around a year ago he was thought of as a \u201ccongenial nerd who was going to give all his money away\u201d but the testimony of former FTX executives showed &#8220;there was malevolence.&#8221;<\/p>\n<p>\u201cHe thought he was going to take that money and he was so smart that he would out-trade the market and put the money back and end up as a half-a-trillionaire but it never works like that,\u201d he added. <\/p>\n<p><strong><em>Related: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/sam-bankman-fried-takes-stand\">Will Sam Bankman-Fried fix his case when he takes the stand?<\/a><\/em><\/strong><\/p>\n<p>In September 2022 FTX Ventures <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/sbf-and-the-mooch-tie-the-knot-as-ftx-ventures-takes-30-stake-of-skybridge-capital\">acquired a 30% stake<\/a> in SkyBridge which Scaramucci is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/skybridge-eyes-stake-buyback-from-ftx-as-galaxy-ceo-says-he-would-like-to-punch-sbf\">trying to buyback<\/a> from the now-bankrupt firm.<\/p>\n<figure><figcaption style=\"text-align: center\"><em>Scaramucci (middle left), Bankman-Fried (middle right) and\u00a0Kevin O&#8217;Leary dining at a New York conference. Source: SALT<\/em><\/figcaption><\/figure>\n<p>In January he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/i-thought-sbf-was-the-mark-zuckerberg-of-crypto-says-anthony-scaramucci\">told Cointelegraph<\/a> he thought Bankman-Fried was &#8220;the Mark Zuckerberg of crypto&#8221; before the allegations that the former FTX CEO\u00a0misappropriated customer funds. <\/p>\n<p>On CNBC, Scaramucci said he took Bankman-Fried to heads of state which he was now \u201cembarrassed\u201d about but at the time he saw \u201ca smart guy who was well intended.&#8221;<\/p>\n<p>&#8220;He&#8217;s gonna get nailed here going on the stand&#8221;\u00a0Scaramucci added. &#8220;It&#8217;s a very bad move for him.&#8221; <\/p>\n<p><strong><em>Magazine: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/nft-collapse-and-monster-egos-feature-in-new-murakami-exhibition\/\">NFT collapse and monster egos feature in new Murakami exhibition<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sam Bankman-Fried will be no match for government prosecutors who will poke holes in his defense when he takes the stand in his criminal trial, says SkyBridge Capital founder Anthony Scaramucci. In an Oct. 25 interview on CNBC\u2019s \u201cLast Call,\u201d Scaramucci said the Department of Justice prosecutors will \u201cpoint out all the contradictions\u201d he believes [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":181346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-181345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=181345"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181345\/revisions"}],"predecessor-version":[{"id":181348,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181345\/revisions\/181348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/181346"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=181345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=181345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=181345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}