SkyBridge Capital, an investment firm founded by Anthony Scaramucci, reportedly suspended redemptions from its “Legion Strategies” fund. Around 18% of the $230 million fund is allocated to crypto-related investments, including Bitcoin and Sam Bankman-Fried’s private FTX crypto exchange.The fund is down 30% YTD. According to Scaramucci, the suspension was to avoid “damag[ing] investors that want to stay in the funds” if many investors decide to exit in a less than “orderly” fashion.