Brett Harrison, president of cryptocurrency exchange FTX US, has announced that he will move into an advisory role in the next few months.
Harrison announced on Twitter on September 27 he said. He will be stepping down as president of FTX America but will remain with the exchange “with the goal of removing technological barriers to full participation and maturity in global crypto markets, both centralized and decentralized.” Harrison has served as president of FTX US since May 2021 following a stint at Citadel Securities.
“I can’t wait to share more about what I’m doing next.” he said. “Until then, I’ll help Sam,” Harrison said [Bankman-Fried] And the team with this transition is to ensure that the FTX feature is complete throughout the year.
1/ Announcement: I am resigning from the presidency @FTX_Official. In the next few months, I will be transferring my responsibilities and moving into a consulting role within the company.
— Brett Harrison (@BrettHarrison88) September 27, 2022
Related: Regulators have a weak case against FTX over deposit insurance.
Harrison’s announcement is the latest high-profile resignation in the crypto space. Alex Mashinsky announced on September 27 that he would be stepping down as CEO of Celsius immediately, citing the “difficult financial conditions” users are facing. On September 21, Kraken Jesse Powell announced that Chief Operating Officer Dave Ripley would replace him as CEO after Ripley’s position was filled. Powell will continue the exchange as a board member. Michael Saylor announced in August that he will step down as CEO of business intelligence firm MicroStrategy, but will remain as executive chairman.