- Advertisement -
Brett Harrison, former president of now-defunct cryptocurrency exchange FTX US, has said that he will share more details about the exchange when the time is right.
In response to a Twitter user who asked Harrison what he knew about FTX US and when he found out, he replied, “I’ll share in time.” He gave no further details, nor did he answer a question about whether he was working with US regulators or prosecutors.
She also answered One Twitter user expressed surprise that she “isn’t in jail” with the response “use your powers of inference.”
Harrison joins FTX in May 2021 as President of FTX US and announced His departure in late September 2022. At the time, he did not reveal why he was leaving his role, but said he would remain with the company as an advisor. she added:
“I remain in the industry with the goal of removing technical barriers to full participation and maturation of centralized and decentralized global crypto markets.”
Prior to joining FTX US, Harrison spent nearly two years at market maker Citadel Securities and more than seven years at investment firm Jane Street as head of trading systems technology.
notice in december Reported That Harrison is seeking to raise $6 million for a new crypto startup focused on building crypto trading software for large investors at a valuation of $60 million.
FTX US was one of more than 130 group entities slipped into bankruptcy Last November, its parent company FTX filed for bankruptcy.
Sam Bankman-Fried, disgraced founder of defunct cryptocurrency exchange FTX, was arrested Last December he was extradited to the Bahamas and eventually to the US to face criminal charges.
The Southern District of New York, which is probing the collapse of Bankman-Fried and FTX and its associated trading firm Alameda, charged SBF with eight criminal charges including wire fraud and conspiracy by misappropriation of client funds. Separately, the Securities and Exchange Commission accused SBF of “conducting a scheme to defraud equity investors in FTX”.
Other executives of FTX and its affiliates are Caroline Ellison, former CEO of Alameda Research. agreed to plead guilty to seven felonies, including charges of wire fraud, securities fraud and money laundering.
Similarly, Gary Wang, the former chief technology officer of FTX, has pleaded guilty to criminal charges. Both Ellison and Wang are cooperating with federal investigators.
As reported, Alameda Research’s former co-CEO Sam Trabuco, who resigned from his role in August 2022, also come into limelight As US officials are asking for additional co-conspirators to come forward and cooperate.
Bitcoin Crypto Related Post