Brett Harrison, the president of the cryptocurrency exchange FTX.US, on Tuesday, announced via Twitter social media that he is stepping down from his role but will stay at the exchange in an advisory capacity.
“Over the next few months, I’ll be transferring my responsibilities and moving into an advisory role at the company,” Harrison posted on the popular social media platform.
According to his LinkedIn profile, Harrison took over the role as president of FTX.US in May last year. But now, he is leaving at a time when the crypto exchange is acting as a 'white knight rescue' for struggling crypto firms amid a market downturn that nosedived most trading activities.
"This industry is at a number of crossroads. The one that matters most to me, as a financial technologist, is the intersection of the arrival of larger market participants and the increasing fragmentation and technological complexity of the market's landscape," Harrison wrote on social media.
While Harrison did not say what...
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