Brett Harrison, Chairman of the US Major Cryptocurrency Exchange Subsidiary FTX, is stepping down as a leader, but will act as an advisor to the company.
But senior management will continue to play a consultative role.
- The FTX US boss announced his resignation in a tweet thread on Tuesday (September 27, 2022) after serving as CEO of the company for nearly one and a half years.
1/ An announcement: I’m stepping down as President of @FTX_Official. Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company.
— Brett Harrison (@BrettHarrison88) September 27, 2022
- As Harrison is no longer at the helm of the American division of the FTX, the former executive said:
'I remain in the industry in order to eliminate technological barriers to the full participation and maturation of global crypto markets, both centralized and decentralized [...] In the meantime, I will be assisting Sam and the team in this transition to ensure that the FTX wraps up the year with its dynamic character."
- Meanwhile, the former head of the FTX US said he would transfer his responsibilities in the coming months while moving to a consultative role within the company.
- Harrison’s resignation comes on the heels of reports that FTX won the auction to acquire Voyager’s digital assets valued at over $1 billion.
- In particular, a number of senior management positions have resigned. Celsius CEO Alex Mashinsky, Kraken co-founder and CEO Jesse Powell, Genesis CEO Michael Moro, and MicroStrategy boss Michael Saylor are the latest to exit the helm in their various firms in recent times.