Trump pal Scaramucci's hedge fund scrambles as investors clamor to get their money out

Former Donald Trump adviser Anthony Scaramucci, who spent a brief but memorable 11 days working in the Trump White House as a communications director before being unceremoniously booted, is now under the gun as investors fear for the future of his hedge fund.

According to a report from Bloomberg, SkyBridge Capital is tied to the failed crypto company FTX. That link has investors on edge and ready to bail.

As Bloomberg's Katherine Burton and Francesca Maglione wrote, "Scaramucci may be in a corner from which even a cockroach couldn’t escape. The reputational hit from his alliance with [FTX's Sam] Bankman-Fried, who denies any criminal wrongdoing, was just the latest problem for SkyBridge after a big bet on crypto that began three years ago. Clients are rebelling, assets are dwindling, and most employees are gone."

So far, Scaramucci has been able to stave off his hedge fund's collapse by limiting how much investors can withdraw, but one investment analyst said his stalling tactics are alarming.