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The president of cryptocurrency exchange FTX’s U.S. branch, Brett Harrison, announced on Tuesday to be stepping down from his role.
Not disclosing any details, Harrison told his Twitter followers that he will “remain in the industry with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized.” The now former FTX.US president who also ran FTX Stocks and FTX U.S. Derivatives said he will keep advocating for the crypto industry in an advisory role to FTX:
“Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company.”
Harrison had been FTX.US president since May of 2021 and will be succeeded by the current CEO of FTX U.S. Derivatives, Zach Dexter. This according to sources close to the matter. Dexter joined FTX a year ago, coming from LedgerX where he was CEO prior.
The crypto industry has seen a lot of high-profile departures lately. Last week, outspoken genius youngster CEO Jesse Powell left his executive role at Kraken exchange.
In August, MicroStrategy co-founder and CEO since 1989, the notorious Bitcoin bull Michael Saylor, handed in the reins at the business intelligence software firm. However, he continues as executive chairman thereby focusing solely on the company’s Bitcoin strategy.