Anthony Scaramucci says he bought Sam Bankman-Fried a suit for their Middle East fundraising tour and that the trip sparked FTX’s downfall

Anthony Scaramucci says he bought Sam Bankman-Fried a suit for their Middle East fundraising tour and that the trip sparked FTX’s downfall

Weeks before FTX's downfall, Anthony Scaramucci was worried that Sam Bankman-Fried's famously casual dress sense could backfire on a fundraising trip to the Middle East. Scaramucci told Insider he bought the then-FTX CEO a suit from Bloomingdale's to help impress investors. Insider talked to Scaramucci over Zoom about his relationship with Bankman-Fried, ahead of the launch of The SkyBridge Capital founder, decided that Bankman-Fried needed to scrub up for their tour to Abu Dhabi and Dubai in the United Arab Emirates, and the FII Institute in Saudi Arabia. "I didn't certainly like elements of the way he was dressed," he said. "I bought him a suit, frankly, to take him to the Middle East with me and told him he can't dress with a T-shirt in the Middle East," Scaramucci told Insider. "When you're in Rome, do as the Romans do." On a Scaramucci said he had thought Bankman-Fried "was the Mark Zuckerberg of crypto — I did not think he was the Bernie Madoff of crypto." He told Insider he made the Zuckerberg comparison because the Meta CEO walked around Davos in a hoodie and T-shirt "and I probably was slightly offended by him, but he went on to