Brett Harrison, president of the United States division of cryptocurrency exchange FTX, announced today that he is stepping down from the role.

He intends to transition into an advisory role in the coming months as he transfers his duties and exits his current position.

The transition into an advisory role at FTX US by Harrison will occur in the next few months

Harrison explained in a series of tweets that he will delegate his responsibilities to others over the next few months as he transitions into an advisory role at FTX US.

Harrison joined in May 2021 from Citadel Securities to help FTX build out its U.S. presence, ultimately establishing the FTX US division with a headquarters in Chicago. According to Harrison’s tweets, FTX US has more than 100 employees.

According to the thread, Harrison will stay in the crypto industry in an as-yet-undisclosed new role.
“I’m remaining in the industry intending to remove technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized,” he wrote.

“I can’t wait to share more about what I’m doing next,” Harrison added. “Until then, I’ll assist Sam [Bankman-Fried, FTX CEO] and the team with this transition to ensure that FTX finishes the year with all of its typical momenta.”

Harrison’s departure follows a couple of other high-profile crypto firm exits recently. Earlier today, Celsius CEO Alex Mashinsky resigned amid the startup’s bankruptcy proceedings. Last week, Kraken co-founder and CEO Jesse Powell stepped down, a few months after stirring controversy by sharing an “anti-woke” agenda for the firm.

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