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Crypto Critics Cope at Consensus Conference

Crypto Critics' Corner

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Skybridge's Asset Liability Mismatch

Anthony Scaramucci, the Mooch, got a call from Sam Bankman Freed's father that there was currently an asset liability mismatch. Skybridge's assets had dwindled to about $2 billion from a peak of $9 billion in 2015. Investors lost about 30% of their value from the beginning of 2020 through 2023,. 39% in calendar 2022.

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