Cryptocurrencies

FTX US President Brett Harrison Steps Down From Crypto Exchange

  • Harrison will move to advisory role in next few months
  • Shuffle comes as FTX US relocates HQ to Miami from Chicago
Watch: FTX CEO Sam Bankman-Fried says he has no plans to leave the firm.Source: Bloomberg
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Crypto exchange FTX US president Brett Harrison is stepping down and will move into an advisory role, a surprise exit that came after less than 18 months on the job and as the industry weathers a downturn that’s curbed trading.

Sam Bankman-Fried, co-founder and CEO of FTX, said Zach Dexter, head of FTX US Derivatives, and general counsel Ryne Miller will continue to oversee growth at the company as it plans a relocation of the entity’s headquarters to Miami from Chicago.