SkyBridge founders and their son led a $220 million funding round for American Bitcoin, backed by the Trump family.

According to a report by Fortune magazine on November 15th, Anthony Scaramucci, who briefly served as White House Communications Director in President Trump's first administration but soon became a public critic of the president, has not stopped 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 Donald Jr. also investing. In an interview with Fortune magazine, the Scaramuccis stated that AJ's investment firm, Solari Capital, led a $220 million funding round for this "Trump family company" in July. American Bitcoin completed this funding round before its reverse merger IPO in September, but never publicly disclosed its investors. AJ stated that Solari Capital invested over $100 million in the company but declined to provide a specific figure. Anthony himself also invested a small amount, similarly without disclosing the amount.