Anthony Scaramucci Warns: Trump’s Tariff War Is Crashing Crypto and Wrecking Economic Stability

The US is experiencing a revolution in the crypto industry and regulations, as Donald Trump crypto policies shake the country. However, there have been many critiques of his economic policies and actions. Many have called his efforts an intended deregulation of crypto and the economic system. This is because Trump and his family have been investing in various crypto endeavours, igniting the fears of market manipulation. Additionally, many have warned about the possibility of corruption, as major crypto companies have donated to Trump’s campaign before. Among the critics, Anthony Scaramucci has also been voicing his concerns; however, he has also applauded Trump’s pro-crypto moves.

Scaramucci Applauds Trump’s Crypto Moves—Not His Tariffs

Anthony Scaramucci, the founder of investment firm SkyBridge Capital, has had some mixed opinions on Donald Trump crypto policies. He has applauded Trump for his crypto-friendly changes in the government; however, he also believes some policies will be problematic. Scaramucci has also worked with Trump before, as he was the White House Communications Director in Trump’s previous administration. However, recently he has criticised his implementation of tariffs and his approach to growing the American economy. 

Anthony Scaramucci: Pro-Crypto, Not Pro-Trump

SkyBridge Capital’s founder hasn’t been all negative about Trump, as he had given him a compliment before. He acknowledged Trump’s advocacy for crypto in his presidential campaign and stated, “I will applaud him for coming towards the industry.” However, during the most recent election, he also stated that he did not vote for Trump just because of crypto friendliness. He expanded and brought up the risks of Trump’s presidency as to why he would not vote republican.

In the same X post, which was published on July 28 2024, Anthony Scaramucci also clarifies that he is Pro-crypto. “I am a bitcoiner, and I applaud the policy decisions that the republicans are making to help the industry. I agree with every single thing that Pres Trump said related to bitcoin.” After the election and Trump’s executive order on strategic Bitcoin reserve, Scaramucci voiced his support of this decision.  “We believe in a United States Strategic #Bitcoin Reserve not because it will help Bitcoin, but because it will help the United States.”

Trump’s Policies: Baseless and Counterproductive,

In his latest X post about Trump’s policies, he is experiencing his fears about Trump tariffs, which have crashed the crypto market. He mentions that Trump tariffs have done immense damage to the US economy. In another X post, he also said that “We are heading into a nightmare without a night watchman.” Additionally, he also commented on the loss of Wisconsin by the GOP and called the tariffs against Canada “baseless and counterproductive”. He also warned that the Republicans and Trump are losing control and should sooner change their policies. 

Wisconsin was a Dem landslide, warning lights are on for GOP in the midterms, patriotic Republican senators are pushing back on baseless and counterproductive tariffs against Canada. Trump needs to course correct on tariff strategy or risk losing control of the car.

— Anthony Scaramucci (@Scaramucci) April 2, 2025

He had also criticised Trump before, as he gave his opinion on the TRUMP memecoin. Based on his statements, the TRUMP memecoin is a  “Idi Amin-level corruption”, also calling it a “mirage” for the cryptocurrency industry’s hopes. “President Trump posted on Truth Social last night in an attempt to “pump” his $TRUMP memecoin (yes that’s a real sentence that many have normalised). The result has been an acceleration of the “dump,” now down 70% from its peak. The jig is up.”.

The Voice of Reason in a Polarized Debate

As such, it can be seen that Anthony Scaramucci is neither a blind follower nor a blood enemy to Trump. Additionally, his commitment to crypto also can not be questioned as he has invested 55% of his wealth in crypto. So, it might be fair to say that his criticism and applause of Donald Trump crypto policies are unbiased. He seems to represent the vice of reason instead of giving statements based on his political agenda.