Scaramucci investing in business founded by the former president of FTX.

Anthony Scaramucci has invested in a business started by Brett Harrison, the former US president of FTX.

According to Bloomberg, the American investor and former director of communications for the White House will invest his personal funds in the project. In response to a lengthy tweet thread from Harrison criticizing disgraced FTX co-founder and CEO Sam Bankman-Fried, Scaramucci also tweeted about the transaction, writing: “Brett I am proud to be an investor in your new company. Go forward. Don’t look back. Wishing you the best.”

“Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago,” Harrison told Bloomberg News, adding: “I’m honored to have him as an investment partner, and know his guidance will be invaluable as I begin this new chapter.” He also tweeted: “Thank you so much, Anthony. Your support and advice means the world to me. I can’t wait to work together!”

Scaramucci only recently modified his position on the FTX scandal, saying CNBC that “there was fraud” was “quite evident now” after earlier being reluctant to say so “because that’s actually a legal phrase.” When former Alameda Research co-CEO Caroline Ellison and FTX co-founder Gary Wang entered guilty pleas last month, he claimed that his perspective had altered.