– Brett Harrison, the former president of FTX US, shared his experience working with the company in a 49-part Twitter thread.
– Harrison began to disagree with FTX’s CEO, Sam Bankman-Fried, over management practices, leading to a deteriorating relationship between the two.
– As a result, Harrison chose to resign from the company on Sept. 27, 2022.
Brett Harrison had been the president of FTX US, a crypto exchange company based in the United States, for seventeen months before he resigned on Sept. 27, 2022. On Jan. 14, 2023, Harrison published a 49-part Twitter thread explaining his experience working with the company and the deteriorating relationship between himself and the CEO, Sam Bankman-Fried (SBF).
Harrison initially joined the company with enthusiasm, but after a few months, he began to advocate strongly for the separation and independence of the firm’s executive, legal, and developer teams, a suggestion that SBF disagreed with. Harrison stated that this disagreement caused a “total deterioration” in their relationship. Despite facing immense pressure to conform to SBF’s wishes, Harrison chose to stand his ground, leading to a prolonged and increasingly heated dispute.
Eventually, Harrison felt that he could no longer continue in his role at the company, describing it as “the most difficult decision” of his career. He chose to resign from FTX US and pursue other opportunities. In his Twitter thread, Harrison expressed admiration for SBF’s ambition and passion, saying that working with him had been “both a pleasure and a privilege”. He wished the company the best of luck in the future and closed his thread with words of encouragement.