Anthony Scarammuci also noted that there was clearly fraud in the SBF and FTX debacle, while Mike Novogratz said theres a side of him that would like to punch SBF in the face. 8867 Total views 47 Total shares Listen to article 0:00 News Own this piece of history
Collect this article as an NFT SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. Meanwhile, Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to punch SBF right in the jaw. SkyBridge and FTX
FTX Ventures acquired a 30% stake in the alternative asset manager SkyBridge for an undisclosed fee on Sept. 9, just a couple of months before FTX filed for bankruptcy in November.
Speaking to CNBC on Jan. 13, Scaramuci noted that in light of FTXs troubles, SkyBridge is making progress in buying back that stake but suggested the move wouldnt be able to get sorted until probably the end of the first half of this year.
Were waiting for the clearance from the bankruptcy people, the lawyers and the investment bankers to figure out exactly what were going to be buying back, and when, the CEO said, adding that, I think it will resolve itself favorably.
Speaking on former FTX CEO and founder Sam Bankman-Fried, Scaramucci outlined his thoughts that there has likely been some foul play there.
I think its very clear now that there was fraud. Well of course have to let the legal system determine all of those things. But for Sam, he’s got three of four of the principles that have worked alongside him have already pled guilty, and explained to prosecutors what they did, Scaramucci said.
Caught up with @Scaramucci today. FTX and Sam Bankman-Fried bought a 30% stake in Scaramucci's SkyBridge Capital before FTX collapsed. Now Scaramucci says that he's confident he'll be able to buy that stake back. Given new facts, he also alleges SBF committed fraud pic.twitter.com/jxltXdjCKW— Arjun Kharpal (@ArjunKharpal) January 13, 2023
The CEOs comments provide a stark contrast to his previous statements to CNBC from November, in which Scaramucci refused to use the fraud word due to its legal ramifications and urged Sam and his family to tell the truth to their investors, get to the bottom of the whole debacle.
According to SkyBridges website, it had $2.2 billion worth of assets under management as of Sept. 30, 2022, with roughly $800 million of the figure comprised of digital-asset-related investments. Galaxy CEO looking for a smackdown
Galaxy Digital CEO Mike Novogratz says there is a side of him that would like to punch both SBF and Digital Currency Group CEO Barry Silbert for their reported antics during crypto winter.
In an interview with Bloomberg posted on Jan. 13, Novogratz noted that the FTX ordeal ended up directly costing Galaxy around $77 million. As such, hes not a huge fan of SBF and other alleged misbehavior in the space over the past year.
The toxic masculine side of me would like to punch them both in the jaw, he said of SBF and Silbert, before adding specifically on SBF: Youve got to be f—ing kidding me. Like, really, you a——?
Related: Crypto community unimpressed by SBFs lengthy Substack letter
Novogratz ultimately admitted that he is still a crypto proponent despite 2022 being such a wild year for the industry.
He did note, however, that he wished he had taken more capital off the table earlier in 2022 before FTX and even the Terra/LUNA ecosystem went bust. Still, he says he managed to get more than $1 billion out before that year began. #Business #Bankruptcy #Asset Management #Mike Novogratz #FTX Related News What is impermanent loss and how to avoid it? Sam Bankman-Frieds charitable donations sought by FTX: Report FTX asset sales challenged by U.S. Trustee: Report FTX units on auction block draw 117 interested buyers: Court filing Miami-Dade gains right to remove FTX name from Heat arena
At least 34 people – including two children – have been killed after a Russian missile attack on a Ukrainian city.
The country’s state emergency service said another 117 people have been injured, with 15 children among them, in the northeastern city of Sumy.
Ukraine’sforeign ministry later added that one of the children injured was a baby girl born this year, saying “even newborns are targets for Russia’s crimes”.
Volodymyr Zelenskyy also shared videos on Telegram of the aftermath of the attack on social media, showing dead bodies in the middle of a city street near a destroyed bus.
Image: Two children were killed in the strike. Pic: State Emergency Service of Ukraine
Russia ‘dragging out this war’ – Zelenskyy
The Ukrainian president said on social media “only scoundrels can act like this” and that “tough reaction from the world is needed”.
“Russiawants exactly this kind of terror and is dragging out this war,” he added. “Without pressure on the aggressor, peace is impossible.
“Talks have never stopped ballistic missiles and air bombs. We need the kind of attitude towards Russia that a terrorist deserves.”
Andriy Kovalenko, a security official who runs Ukraine’s centre for countering disinformation, noted the strike came after a visit to Moscow by US envoy Steve Witkoff.
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From Saturday: Putin meets Trump envoy for talks
US official: ‘This is wrong’
Keith Kellogg, Donald Trump‘s envoy for the Ukraine war, said the attack crosses “any line of decency” and that “there are scores of civilian dead and wounded”.
He added: “As a former military leader, I understand targeting and this is wrong. It is why President Trump is working hard to end this war.”
In response to Mr Kellogg, Mr Zelenskyy’s communications adviser, Dmytro Lytvynm asked: “Don’t you think it’s time to smack the Moscow mule across the nose with a 2X4?”.
Later, US secretary of state Marco Rubio said the strike was “horrifying” and a “tragic reminder of why President Trump and his Administration are putting so much time and effort into trying to end this war and achieve durable peace”.
Image: Pic: AP
UK Foreign Secretary David Lammy added he was “horrified” by Russia’s “barbaric strike” on Sumy, and called for an “immediate ceasefire”.
Meanwhile, EU Commission President Ursula von der Leyen said “cruelty struck again” and called the strike a “blatant violation of international law”.
It came hours before a separate Russian strike killed three people in the central district of the southern city of Kherson.
The local governor, Oleksandr Prokudin, said a 68-year-old woman was injured and died in hospital and that a 48-year-old man also died after “the occupiers dropped an explosive device from a drone”.
A 62-year-old woman was also killed “as a result of the shelling”.
On Saturday, a Russian guided bomb hit a house in the northeastern Ukrainian town of Kupiansk on Saturday, injuring four people.
Governor Oleh Syniehubov said on Telegram that three others could be trapped under rubble.
It comes after Russian diplomats accused each other of violating a tentative US-brokered deal to pause strikes on energy infrastructure.
“The Ukrainians have been attacking us from the very beginning, every passing day, maybe with two or three exceptions,” Sergey Lavrov, Russia’s foreign minister, said, adding that Moscow would provide a list of Kyiv’s attacks from the past three weeks.
Andrii Sybiha, his Ukrainian counterpart, dismissed the claim saying on Saturday that Russia launched “almost 70 missiles, over 2,200 [exploding] drones, and over 6,000 guided aerial bombs at Ukraine, mostly at civilians” since agreeing to the limited pause on strikes.
Rory McIlroy has completed a career Grand Slam in golf with his win at the US Masters tournament.
The Masters was the last major tournament left for McIlroy to complete the modern golf Grand Slam – a feat only five others have managed before him.
McIlroy, who was making his 11th attempt at completing the Grand Slam, faced off Justin Rose in a sudden-death playoff to decide the Masters champion, after they finished tied on 11 under at the end of regulation on Sunday.
Image: McIlroy reacts as he wins. Pic: AP
Image: McIlroy reacts after winning against Justin Rose at the Masters. Pic: AP
“It’s my 17th time here and I started to wonder if it would ever be my time,” McIlroy said just before slipping on the Green Jacket during the presentation ceremony.
“I’m just absolutely honoured and thrilled and just so proud to be able to call myself a Masters champion.”
McIlroy had missed his six-foot putt for par, a bogey which dropped him back to 11 under, where he joined Rose – leading to a dramatic play-off between the two.
Only five other golfers have been able to complete a career Grand Slam, including Tiger Woods, Jack Nicklaus, Gary Player, Ben Hogan and Gene Sarazen.
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Image: Pic: AP
McIlroy is a two-time winner of the PGA Championship, claiming the prize in 2012 and 2014.
The 35-year-old also won his first major title, the US Open, in 2011, and won The Open Championship in 2014.
How did McIlroy get to the victory?
McIlroy recovered from losing his overnight two-shot advantage with an opening-hole double bogey to initially take control at Augusta National, only to blow a four-shot lead over his closing six holes.
The world No 2 bogeyed the last to close a one-over 73 and slip back to 11 under alongside Rose, who overturned a seven-stroke deficit and posted a stunning final-round 66 to force a play-off.
The players returned to the 18th for the play-off, where McIlroy made amends for his 72nd-hole blunder by firing a stunning approach to within three feet of the pin and making the birdie putt required for a life-changing win.