Former FTX US President Leaves After Disputes With CEO
• Brett Harrison, the former president of FTX US, published a 49-part Twitter thread detailing his experience and relationship with CEO Sam Bankman-Fried.
• Initially, Harrison was excited to join the company but over time, his relationship with Bankman-Fried deteriorated due to disputes over management practices.
• On September 27, 2022, Harrison left the company due to the total deterioration of his relationship with Bankman-Fried.
Brett Harrison, the former president of FTX US, had a seventeen-month tenure with the crypto exchange company. Before his role at FTX US, Harrison worked with Sam Bankman-Fried at Jane Street and prior to joining FTX, he worked for Citadel Securities. Despite being initially excited to join the company, Harrison soon began advocating strongly for establishing separation and independence for the executive, legal, and developer teams of FTX US, which was met with disagreement from Bankman-Fried. As the months progressed, the cracks between the two deepened and the relationship eventually reached a point of total deterioration.
As a result, on September 27, 2022, Harrison resigned from FTX US. To address the controversy surrounding his departure, Harrison decided to publish a 49-part Twitter thread detailing his experience and relationship with Bankman-Fried. In the thread, Harrison explained the issues between them, including the disagreement over management practices. He also discussed the immense pressure he faced due to Bankman-Fried’s influence over various industries, which caused him to persist in disagreeing with the CEO.
Despite the circumstances that led to his resignation, Harrison believes that “FTX will continue to be a leading crypto exchange in the world” and that his former colleagues at FTX US “will go on to have great success.”