No products in the cart.
- Latest
- Trending
ADVERTISEMENT
FTX US will soon be under new leadership after President Brett Harrison announced his resignation hours ago.
US president of crypto exchange FTX, Brett Harrison, announced hours ago that he is stepping down. This latest development comes after Harrison has spent a year and a half spearheading the company’s growth.
1/ Announcement: I resign as president @FTX_OfficialOver the next few months, I will shift my responsibilities and move into an advisory role at the company.
Brett Harrison (@BrettHarrison88) September 27, 2022
Harrison revealed that he is transitioning to a corporate advisory role as FTX US expands its operations. He said;
I am stepping down as President of FTX US. Over the next few months, I will shift my responsibilities and move to an advisory role within the company. Grow FTX US from 3 multitasking employees to a talented and dedicated team of over 100 people across technology, business development, legal, compliance, customer service and operations. crypto exchange into a multi-business enterprise.
He emphasized that the acquisitions of LedgerX and Embed are some of the best moments that have allowed FTX US to expand its business and become one of the leading cryptocurrency exchanges in the United States.
Although he is transitioning to an advisory role, Harrison has said he has no intention of leaving the crypto space.
He believes that the cryptocurrency market is at many crossroads and, as a financial engineer, he focuses on the intersection of the arrival of larger market participants and the increasing fragmentation and technological complexity of the market environment. I said yes. Harrison said.
I remain in the industry with the goal of removing technical barriers to full participation and maturity in both centralized and decentralized global crypto markets.
Harrison will step down from his role as president of FTX US about 24 hours after the cryptocurrency exchange announced its acquisition of Voyager Digital.
Voyager Digital announced that it has reached an agreement with FTX US for a transaction worth just over $1.4 billion. Voyager Digital’s acquisition by FTX US comes after winning a bankruptcy auction.
