Crypto: Trump’s ex-Ally’s Bitcoin Troubles Worsen

The previous few days have been eventful for Anthony Scaramucci, the previous White Home communications director beneath Donald Trump. He spent 11 days within the function.

“The Mooch,” as he’s nicknamed, just lately made the rounds of the media to attempt to reassure on the monetary state of affairs of Skybridge Capital, the fund he created and of which he is without doubt one of the managers. 

Skybridge is without doubt one of the companies that guess that Bitcoin, the king of cryptocurrencies, would attain $100,000 per unit. However the fall within the worth of Bitcoin, and digital currencies normally, for the reason that starting of the yr has weakened the guess of Skybridge and extra significantly of its smaller funds like Legion Methods.

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