FTX US would possibly have attracted a few million consumers as part of a winning bid for Voyager Digital’s cryptocurrency assets, but loses a president.
Brett Harrison has stated that he will leave his position within the US cryptocurrency exchange unit. U. S. FTX, at the moment when it gives up high-level cryptocurrencies today.
“Over the next few months, I will change my day-to-day jobs and take an advisory position within the company,” Harrison tweeted Tuesday.
He did not give much data on his plans, but indicated that he will change to a new position: “I remain in the industry with the aim of removing technological barriers to the participation and full maturation of global crypto markets, whether centralized or decentralized. ,” he said on his tweet channel. I can’t wait to share more information about what I’ll do next. “
FTX US is the crypto trading arm of the US. billionaire Sam Bankman-Fried’s FTX exchange giant just over $1. 4 billion.
As part of the deal, it will offer Voyager investors its crypto, which had been blocked in a bankruptcy process, new accounts at FTX US aimed at inspiring them to stay on the exchange. Voyager had 3. 5 million consumers before applying for Chapter 11 protection.
FTX. Both U. S. as Kraken underperformed the more sensible U. S. competition. In terms of exclusive visitors per month. Compared to August 2021, visitors to ftx. us fell by 42%, while Kraken fell by 44%. Coinbase, Gemini and Binance USA The U. S. saw its visitors decline by 22-27%.
FTX US will also move its headquarters to Miami from Chicago, Bankman-Fried tweeted on Tuesday. The FTX matrix is in the Bahamas.
Harrison was named the company’s first president in May 2021. Prior to FTX US, he held positions at Citadel Securities and Jane Street.
The announcement is the latest in a series of resignations by the most sensible crypto executives. Earlier in the day, Alex Mashinsky, founder and CEO of Celsius Network, announced its launch. Last week, Jesse Powell announced he was stepping down from his leadership. position on cryptocurrency exchange Kraken, which he founded in 2011. In August, Sam Trabucco, co-chief executive of Bankman-Fried’s Alameda Research trading firm, made an announcement.