Harrison also said he is launching a new crypto business, and Scaramucci will invest in it.
Brett Harrison, who stepped down from his role as President of the US branch of FTX just weeks before the implosion, finally broke the silence and shed some more light on his relationship with SBF.
He added that neither he nor any of the other execs at FTX US knew about the fraud that SBF and his closest partners were perpetrating in the Bahamas.Harrison explained that he knew Sam Bankman-Fried from his days at Jane Street and had “fond memories” of him. Harrison described SBF as a “conscientious junior trader” as well as a “sensitive and intellectually curious person who cared about animals.
SBF asked him to join FTX US as President in March 2021, and the first few months were “wonderful.” He said he worked on expanding the team and was “largely independently of Sam.” Things started to change six months after he joined the firm as he wanted to establish FTX US as a separate brand and company from FTX.com. However, SBF disagreed and didn’t react well when someone questioned him.16/49 I saw in that early conflict his total insecurity and intransigence when his decisions were questioned, his spitefulness, and the volatility of his temperament. I realized he wasn’t who I remembered.
29/49 In response, I was threatened on Sam’s behalf that I would be fired and that Sam would destroy my professional reputation. I was instructed to formally retract what I’d written and to deliver an apology to Sam that had been drafted for me.After that communication from SBF and his team, Harrison said he had made his decision to leave, which took a few months to organize. He finally
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