Joseph Bankman warned Scaramucci about FTX
While speaking as part of the ‘FTX – What Happened?’ discussion at CoinDesk’s Consensus conference this year, SkyBridge Capital founder Anthony Scaramucci mentioned that on November 7, he received a call from Joseph Bankman, the father of FTX CEO Sam Bankman-Fried. Bankman apparently told Scaramucci that there was “an asset-liability mismatch” at the exchange and that it was looking for “rescue funding.” As a result, Scaramucci flew down to the ‘war room’ in The Bahamas. This was five days after CoinDesk published details on Alameda Research’s balance sheet that suggested it was over-exposed to FTX Token (FTT) and four days before FTX declared bankruptcy. At Consensus, Scaramucci explained that soon after flying to The Bahamas, he realized that he wasn’t going to be much help and so flew back the following day. He claims that this was the last time he spoke to Bankman-Fried. The FTX debtors in possession recentl...