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SkyBridge founders and their son lead the $220 million funding for American Bitcoin, supported by the Trump family.

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On November 15, according to Fortune magazine, Anthony Scaramucci briefly served as White House Communications Director in President Trump’s first administration but soon became a public critic of the president. However, this did not stop the SkyBridge Capital founder and his son AJ Scaramucci from supporting American Bitcoin—a Bitcoin mining company co-founded by Trump’s second son Eric Trump, with Trump’s eldest son Donald Jr. also involved in the investment. The Scaramucci father and son stated in an interview with Fortune magazine that AJ’s investment firm Solari Capital led a $220 million financing for this “Trump family company” in July. American Bitcoin completed this financing before going public through a reverse merger in September this year, but has never disclosed the list of investors. AJ stated that Solari Capital invested over $100 million in the company, but he refused to provide specific figures. Anthony himself also invested a small amount, which was similarly undisclosed.

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