Anthony Scaramucci has announced he will invest in a company founded by the former president of the collapsed cryptocurrency exchange FTX, Brett Harrison.

In an email, Scaramucci noted he will be investing his own money in the project, as a show of support for Harrison.

Last month, Bloomberg News reported that Harrison was seeking investments in a crypto-software company, at a valuation of as much as $100 million. The report quoted two people familiar with the matter who said the software the company would produce would be designed to allow traders to write their own algorithms to execute their strategies, as well as to access different types of crypto markets, including centralized and decentralized.

Speaking to Bloomberg News, Harrison said, “Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago. I’m honored to have him as an investment partner, and know his guidance will be invaluable as I begin this new chapter.”

In September, FTX Ventures, the venture capital division of the crypto empire created by Sam Bankman-Fried, announced it was taking a 30% stake in Skybridge Capital, the investment house run by Scaramucci. It said the firms would expand their relationship as they collaborated on venture and digital asset investing. As FTX collapsed into bankruptcy, Scaramucci said he was looking to reacquire that stake. He noted he had done background investigations on Bankman-Fried before the deal, however it was, “not enough.”

Harrison was with FTX for about 17 months, having stepped down in September. Before his stint at FTX, he worked at Citadel Securities and quantitative trading firm Jane Street, where he worked alongside Bankman-Fried.

Scaramucci mentioned his investment in a reply to a Twitter thread by Harrison which discussed what he saw while working with FTX.

In a statement to Bloomberg News about Harrison’s Twitter thread, Bankman-Fried said, “Brett was a great developer and deeply understood FTX’s product. While I strongly disagree with much of what he said, I have no desire to get into a public argument with him, nor do I feel like it’s my place to litigate his job performance in public, unless he were to authorize me to do so.”

Bankman-Fried added, “I feel bad about what happened to all of FTX’s employees, and wish him the best.”

Photo of Anthony Scaramucci courtesy of Wikipedia