Home Crypto News FTX US President Brett Harrison Steps Down

FTX US President Brett Harrison Steps Down

by Cryptoroz

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Brett Harrison, President of the US subsidiary of main cryptocurrency alternate FTX, is leaving his management place however will act as an advisor for the corporate.

However, the exec will proceed to have an advisory function.

  • The FTX US boss introduced his resignation in a tweet thread on Tuesday (September 27, 2022) after serving as CEO of the corporate for practically one and a half years.
  • Whereas Harrison will now not head the US division of FTX, the previous government stated:

“I’m remaining within the trade with the aim of eradicating technological boundaries to full participation in and maturation of world crypto markets, each centralized and decentralized […] Till then, I’ll be helping Sam and the staff with this transition to make sure FTX ends the yr with all its attribute momentum.”

  • In the meantime, the previous FTX US chief stated he’ll switch his duties over the following few months whereas shifting to an advisory function on the firm.
  • Harrison’s resignation comes on the heels of experiences that FTX received the public sale to accumulate Voyager’s digital property valued at over $1 billion.
  • Notably, there was a sequence of prime executives stepping down from their positions. Celsius CEO Alex Mashinsky, Kraken co-founder and CEO Jesse Powell, Genesis CEO Michael Moro, and MicroStrategy boss Michael Saylor are the newest to exit the helm of their varied companies in current occasions.
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