SkyBridge Capital's Founder Believes Trump's Pro-Crypto Stance Benefited the Industry

IconCryptoNewsTerminal Staff18 Jul, 2024

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SkyBridge Capital's Founder Believes Trump's Pro-Crypto Stance Benefited the Industry

SkyBridge Capital's founder and former White House communications director Anthony Scaramucci recently shared his views on the impact of former President Donald Trump's stance on cryptocurrency. In an interview with CoinDesk, Scaramucci expressed that Trump's crypto-positive outlook provided significant protection for the industry, despite the opposition from SEC Chair Gary Gensler and Senator Cynthia Lummis. Scaramucci believes that if Trump is re-elected, he will likely appoint an SEC chair who supports cryptocurrency. Scaramucci also commented on the situation surrounding FTX founder Sam Bankman-Fried, expressing empathy and suggesting that he would consider commuting Bankman-Fried's sentence if he were in a position to do so.