Changpeng Zhao (the CEO of the top crypto exchange Binance) recently shared a screenshot of a report from Business Insider. The report says that Anthony Scaramucci (the CEO of SkyBridge Capital) disclosed the criticism made by Sam Bankman-Fried (the former CEO of FTX) on Zhao. As per the article published by Business Insider, Scaramucci was concerned about Bankman-Fried’s selection of casual dresses. Thus – he added – while moving to Dubai and Abu Dhabi in the United Arab Emirates, he bought SBF a suit.

I didn't know he was even bad mouthing me in Saudi, until now… So that couldn't have been a prompt.Not that it matters now, but appreciate the transparency @Scaramucci . The truth always comes out in the end.Onwards. Build! pic.twitter.com/95fylaFS5z

— CZ Binance (@cz_binance) January 31, 2023

Anthony Scaramucci Claims SBF Criticized Binance CEO, Leading to FTT Holdings’ Sale

Anthony Scaramucci stated he did not like the way SBF was dressed. While buying him a suit, Scaramucci told SBF that he cannot just wear a T-shirt while in the Middle East. Scaramucci mentioned that he thought of Bankman-Fried as crypto’s Mark Zuckerberg as the CEO of Meta walked around in a T-shirt and hoodie. Nonetheless, Scaramucci was somehow offended by such dresses.

Nonetheless, it is interesting that SBF’s tour to the Middle East took place just weeks before the bankruptcy of FTX. Hence, the CEO of SkyBridge Capital straightly linked these 2 incidents and stated that the respective trip was an instant reason behind the downfall of the crypto exchange. In addition to this, he asserted that Bankman-Fried had criticized his competitor Zhao. Back in November, it was also reported by The NY Times that SBF voiced against Zhao in his Washington-based private meetings.

Scaramucci revealed that several bad things were voiced by Bankman-Fried regarding Zhao in Saudi Arabia also. He moved on to say that the respective things became a reason for Zhao to sell the majority of his holdings in the FTT token. In Scaramucci’s words, the respective sale assisted supporting the business of Bankman-Fried. Nonetheless, Scaramucci expressed delight for that trip as if that had not taken place, FTX could still be present and he could SBF could have kept on covering it up.

Zhao Says SBF’s Bad Mouthing in Saudi Arabia Did Not Trigger Him to Sell FTT Holdings

In such a scenario, Scaramucci added, he could mistakenly have assisted SBF in building several corporate relations. He concluded by saying that he trusted SBF but he betrayed him. On his official Twitter account, Zhao posted a screenshot of Scaramucci’s assertion regarding SBF’s bad language about him and responded.

He stated that he did not know that Bankman-Fried criticized him in Saudi Arabia. In this way, Zhao denied that the respective event triggered him to sell his FTT holdings. Nevertheless, the Binance CEO appreciated Scaramucci’s truthfulness. He also specified that SBF has been frequently criticizing him but he and his company focus on their products instead.