Crypto Exchange FTX’s President Brett Harrison Stepping Down

Brett Harrison, the president of giant crypto exchange FTX, is stepping down from his role, he announced on Twitter on Monday morning eastern time.

As president of FTX, Harrison ran FTX Stocks, FTX.US and FTX US Derivatives.

“Over the next few months I’ll be transferring my responsibilities and moving into an advisory role at the company,” Harrison wrote in a tweet thread.

Harrison had served as president of FTX.US since May 2021, according to his LinkedIn profile. Previously he had worked for almost two years at market maker Citadel Securities and before that for 7 1/2 years as the head of trading systems technology at investment firm Jane Street.

Harrison didn't say what he else he would be doing next, but noted that “I’m remaining in the industry with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized,” Harrison added.

This is a developing story and will be updated.

Read more: Bankrupt Crypto Lender Celsius Network's CEO Alex Mashinsky Resigns

UPDATE (Sept. 27, 15:52 UTC): Added more background on Harrison.