Summary:
- Brett Harrison said he will share what he knows about the defunct crypto exchange “in time”.
- Harrison resigned from FTX in September 2022 after serving as president of the platform’s U.S. division for over a year.
- The tweet came amid investigations into Sam Bankman-Fried’s sunken empire, including criminal charges and probes on former employees like Nishad Singh.
Brett Harrison, former President of FTX U.S., said he plans to share information about Sam Bankman-Fried’s bankrupt cryptocurrency exchange “in time”. Harrison disclosed his intentions via Twitter on Monday.
On January 9, a Twitter user asked Harrison what he knew about FTX U.S. and when he knew about operations at the company. Harrison replied saying “I’ll share in time”, leading observers to believe that the former crypto exchange executive will cooperate with prosecutors in the criminal case against Sam Bankman-Fried.
Who is Brett Harrison?
Harrison joined FTX’s ranks in May 2021, serving as President of the platform’s American division for over a year. In September 2022, Harrison resigned from his role roughly two months before Bankman-Fried’s $32 billion empire crumbled.
Before joining SBF’s company, Harrison was a top executive at Citadel Securities. Cital is the largest designated market maker on the New York Stock Exchange and services over 50 countries. Harrison also worked at Jane Street, a quantitative trading firm where SBF worked as well.
Per reports from December 2022, Harrison’s latest business endeavor involved bootstrapping a crypto trading software startup.
FTX Executives Under Investigation
U.S. agencies opened a myriad of inquiries into FTX’s crash after the crypto exchange filed for Chapter 11 bankruptcy protection in November 2022. The company’s founder, Sam Bankman-Fried, was arrested in the Bahamas and extradited to the United States shortly after.
Bankman-Fried faces eight counts of criminal charges including fraud and money laundering. Prosecutors allege that SBF knowingly stole FTX customer funds to finance Alameda Research, his trading giant led by Caroline Ellison.
Notably, Ellison is reportedly working with investigators and has admitted to illegal operations across Bankman-Fried’s comingled empire. Co-Founder and former CTO Gary Wang also took a plea deal alongside Ellison, per reports.
Prosecutors were also investigating former FTX lead engineer Niashad Singh and his role in the company’s activities. A complaint filed by the Commodity Futures Trading Commission (CFTC) claimed that Singh wrote code that obscured Alameda’s debts and liabilities on the crypto exchange.