Former FTX US head denies participation in fraud involving the corporate

Former FTX US head denies participation in fraud involving the corporate


Brett Harrison, former head of the U.S. arm of FTX, distanced himself from the crypto alternate co-founded by Sam Bankman-Fried, which filed for chapter again in November.

Harrison, who resigned as FTX US’s president in September, wrote about his expertise with the corporate in a 49-part Twitter thread printed Tuesday. Harrison had not often made any public feedback about FTX and had gone principally silent when the digital-asset firm flamed out this fall. 

Harrison mentioned he wasn’t conscious of and didn’t take part within the FTX “criminal scheme,” which he says was overseen by Bankman-Fried, former chief government at FTX, together with the disgraced founder’s interior circle. 

Bankman-Fried is charged with looting billions of {dollars} in buyer funds at FTX to assist dangerous bets at affiliated hedge fund Alameda Research, in what prosecutors argue might be one of the crucial brazen fraud instances lately. He has pleaded not…

2023-01-15 13:21:00 Former FTX US head denies participation in fraud involving the corporate
Post from www.marketwatch.com

Exit mobile version