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Former FTX US President Brett Harrison reveals information about Sam Bankman-Fried

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The cryptocurrency market is recovering from the rubble left by Sam Bankman-Fred, often known as SBF, when he left his position as CEO of the then multi-billion dollar cryptocurrency exchange, FTX.

Many details about the former cryptocurrency billionaire and his company’s ties to other cryptocurrency firms and affiliates, such as FTX US, are still being revealed.

On January 14, former FTX US President Brett Harrison decided to tell the truth about his time with Sam Bankman-Fried. Discuss the sequence of events that led him to quit his “dream job”.

Brett Harrison shares it all

In the 49-part Twitter thread, which spans more than 1,200 words, Harrison said he has been with FTX US for seventeen months.

When his resignation was announced, people who were unaware of his plans were amazed. Others wondered if he had been fired. It appears that Harrison has suddenly quit his dream job after only temporary work. The truth was that FTX US had, for a time, felt like something other than business perfect.

The former CEO of FTX US has continued to speak out about his relationship with Sam Bankman-Fried, claiming that it completely deteriorated due to months of controversies over FTX’s management methods.

Harrison felt so firmly convinced of starting his own business that it wasn’t worth holding onto his “dream job.” No matter the prestige, benefit, or risk to his image of leaving early, a group of my friends, mentors, and investors knew at the time.

SBF asked former teammate, Brett, to join FTX US

In March 2021, Sam texted him an offer asking him to join FTX US, and Harrison had fond memories of having Sam Bankman-Fried on Jane Street. Over the years, they hardly spoke. However, Brett claimed to have periodically seen news articles regarding FTX’s expansion. Besides being happy to hear from him, Brett was curious to learn more about how things were going at FTX.

Brett was eager to get started after negotiations with FTX US over time, however, he realized that manifestations of greed and deceit continued to undermine the company’s success and damage trust. He stated that this was one of the main factors that he left the organization.

Additionally, Brett Harrison has indicated that he has been the target of allegations on social media following his departure. This included that he was seeking a plea deal or was involved in a criminal conspiracy, which he vigorously disputed as false and unsupported.

He also emphasized that FTX US and many other companies in the cryptocurrency sector put growth and profits above all else, often at the expense of ethical behavior and openness.

In September of last year, Brett Harrison announced his resignation as President of FTX US, Zack DeCoster, former LedgerX CEO and prominent cryptocurrency figure, took over the exchange. Around the time of his departure, FTX US was planning to move its offices from Chicago to Miami, where Mayor Francis Suarez is known for his support of cryptocurrency.

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