the big issue here is skybridge tumbled 39% last year a significant tumble. question here because they limited withdrawals when it came to skybridge. what i know about skybridge is a lot of the bitcoin they bought was about $18,000 on average. so to some extent they can see some rebound. this year it would be hugely helpful because of the route they are facing because remember skybridge is not just invested in cryptocurrencies and crypto kind of venture here. they are also invested in a lot of hedge funds. there are a couple that did a little better last year too so taking the good with the bad. ed: i heard the audible gasp because i give a similar one there. you are a fund, i think on the crypto side a lot of private companies as he said they also invest in some hedge funds. that was 2022 how did they get themselves out of that and back on the right track in 2023? >> i can't help but talk about the big miami trip that many hedge fund managers are making. starting sunday night, starting monday you have to manage funds association, a big community starting off

the skybridge business, it's associated with had an investment from the ftx unit.s trying to hire former ftx employees and trying to build trading infrastructure for institutions. he wants to re-instill confidence in the industry. >> there are some other people that want to reinstall confidence. so night is going to be sticking around for the next segment. cftc commissioner kristi goldsmith romero said the implosion must lead to u.s.-based crypto companies. she sewed i urged -- she said i urge congress to regulate to self certified products under the current process that limits cftc oversight. it would benefit from greater authority to access certain information on unregulated affiliates with appropriate conditions. commissioner goldsmith joins us now. commissioner, fascinating that ultimately where you are calling for here is your institution to have a bit more power. to have more control. can you explain about the certification? what situations have you seen already? >> ultimately, what i am calling for is really like more comprehensive pull of government regulat

it was a tough year for anthony scaramucci's skybridge capital.lost 39% after wrong bets on cryptocurrencies and the now bankrupt ftx, leading to banks to ask the firm for more than half of their money back. guy: thank you. 23 minutes past 7:00 on the west coast. catching up on top tech stories from the bay area and beyond. joining us now, bloomberg technology coanchor ed ludlow. great stuff. we have your background fixed, which i am happy about. let's talk about to what extent is this adani story playing in silicon valley? it is a massive story on the global stage. it looks like an india issue and a single man issue, key man issue, so to what extent are people talking about it? ed: they are talking about it. this is the biggest story this week in the world of financial markets and business. part of adani's empire is media and telecoms business is largely located in india. part of it is that hindenburg research, who published that short-sellers report on january 24, they are known to us in the world of technology. they are probably the highest pro

point out that the most expensive glass of wine i ever held in my hands was troy guy ascii at a skybridgeat was it? do you remember what it was? tom: it was red. it wasn't boom's foreign -- boone's farm. you are not a wine connoisseur but troy, bring it up with him he absolutely nails it. and he can see here and do the whole sniff thing. jonathan: i'm off the drink this year. tom: or are you? jonathan: are you along for the ride? tom: more or less. jonathan: live longer, all that stuff. tom: i'm pickled. ♪ i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. - [announcer] imagine having fuller, thicker, that and the paycheck. more voluminous hair instantly. all it