Brett Harrison Steps Down As President Of FTX US

Twitter icon  •  Published há 1 ano  •  Nikolas Sargeant

Brett Harrison is no longer the president of FTX US and will transition into an advisory role in the company.

Brett Harrison, the U.S. president of the crypto exchange FTX, announced via Twitter on Tuesday that he is resigning from his position. This latest development comes despite the company currently in a massive expansion move.

Harrison said on Twitter that he is transitioning to an advisory role in the company after spending the last year spearheading FTX US. He wrote;

“I’m stepping down as President of FTX US Over the next few months, I’ll be transferring my responsibilities and moving into an advisory role at the company. I have deep gratitude for my experiences at FTX in the last year and a half. growing FTX US from three multi-tasking employees to a talented and dedicated team of over 100 across tech, business development, legal, compliance, customer service, and operations; working together to build a nascent crypto exchange into a multi-business enterprise.”

Harrison added that he was glad to be a part of the FTX journey, especially the company’s acquisitions of LedgerX and Embed, which have allowed FTX US to become one of the leading cryptocurrency exchanges in the United States.

He added that while he is leaving his role as FTX US President, he will remain in the cryptocurrency industry. He said;

“I’m remaining in the industry with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized. I can’t wait to share more about what I’m doing next. Until then, I’ll be assisting Sam and the team with this transition to ensure FTX ends the year with all its characteristic momentum.”

Harrison’s exit comes barely 24 hours after FTX announced that it is set to acquire Voyager Digital in a deal worth over $1.4 billion. Voyager Digital sent out a press release following the sale to state that the bid was made up based on the market value of its crypto holdings “at a to-be-determined date in the future,” said to be around $1.3 billion, with additional consideration of $111 million of what it says is “incremental value.”

Voyager stated that more details “will be shared as it becomes available” in the future. They said the FTX US platform “will enable customers to trade and store cryptocurrency after the conclusion of the company's chapter 11 cases.

Despite the changes in leadership, FTX US remains one of the leading cryptocurrency exchanges in the United States. FTX reviews within and outside the United States have been positive, and this could attract many crypto traders to the cryptocurrency trading platform. Also, the low FTX fees also mean that the cryptocurrency exchange is growing far more quickly than any other reputable crypto trading platform.

Author

Nikolas Sargeant

Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.