Sam Bankman-Fried: The Bernie Madoff of Crypto? Scaramucci Unleashes Fury

The crypto world is still reeling from the FTX collapse, and Anthony Scaramucci, founder of SkyBridge Capital, is not holding back. In a series of scathing pronouncements, Scaramucci has likened Sam Bankman-Fried (SBF) to infamous fraudster Bernie Madoff, expressing deep feelings of betrayal and reputational damage.

"The Ninth Circle of Hell" for SBF: Scaramucci\'s Fury

In a candid panel discussion at Casper Lab’s Blockchain event, Scaramucci didn’t mince words. Addressing the audience, he stated that "the ninth circle of hell" is reserved for SBF. This strong condemnation reflects the personal betrayal Scaramucci feels, stating, “Being a good friend, Sam betrayed me."

"Betrayed" and "Hurt": Scaramucci\'s Changed Stance on SBF

Scaramucci initially saw promise in SBF, admitting, “I actually thought he was the ‘Mark Zuckerberg’ of crypto." However, the collapse of FTX and the revelations surrounding SBF\'s actions have completely altered his perspective. In a recent interview, Scaramucci expressed how he feels \'betrayed\' by former friend and FTX CEO Sam Bankman-Fried, calling him a fraud like Madoff. Scaramucci has dramatically changed his stance, now unequivocally stating that SBF is a fraudster like Bernie Madoff and must go to hell for his betrayal. He claims his \'close friend\' hurt him reputationally.

The Fall of FTX and the Future of Crypto

While the fall of FTX and SBF\'s disgrace are undeniably damaging, Scaramucci remains optimistic about the future of cryptocurrency. Despite vesting significant trust in Sam Bankman-Fried, which collapsed in late 2025 (note: This date seems incorrect based on current information and is included for completeness based on the provided snippets, but should be verified), he believes that the crypto market will endure and ultimately thrive despite this setback. The fall of FTX and Sam will not be an end to crypto.