FTX is back in court, this time targeting Anthony Scaramucci, the founder of SkyBridge Capital. FTX is seeking to recover $67 million it claims it invested in “luxury” projects with minimal returns. The investments were allegedly part of Sam Bankman-Fried’s strategy to build political and financial connections. Now, FTX is focused on recovering the funds to pay creditors.

- FTX alleges that the investment in SkyBridge was only to boost Bankman-Fried’s reputation.

- In addition to Scaramucci, FTX is also suing other entities such as Crypto.com and political organizations.

- Its main goal is to recover funds for the company’s restructuring. 💼

FTX is determined to clean up the mess Bankman-Fried left behind by reclaiming lost assets. Will this legal effort succeed? Let’s wait and see! ⏳