Insider Accounts of FTX's Collapse and Bahamas Visit

Anthony Scaramucci, founder of SkyBridge Capital, recounted his visit to the Bahamas to meet with former FTX CEO Sam Bankman-Fried during the exchange's final days. Scaramucci discovered a "war room" of despondent FTX executives and Bankman-Fried, who apologized for the exchange's alleged financial mislabeling. Scaramucci compared FTX's alleged fraud to that of Bernie Madoff and stated that SkyBridge's balance sheet and crypto reserves have not been greatly affected by FTX's collapse.