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Former FTX.US President Brett Harrison seeks funding for new startup

Brett Harrison, former president of the bankrupt US division of cryptocurrency exchange FTX, has announced a funding round for a new crypto startup.

Former FTX.US President and CEO Brett Harrison plans to launch a startup that will create cryptocurrency trading software for large investors.

Harrison said that he has already entered into an agreement with one of the venture capital companies to provide financing in the amount of $6 million. Now he plans to raise about $60 million in the first round of financing to launch a new project.

In September, more than a month before the FTX collapse, Harrison officially announced his resignation from the exchange’s leadership positions. Therefore, he managed to avoid targeted criticism of involvement in the theft of user funds.

Earlier, FTX’s bankruptcy trustee Andrew Vara said the exchange’s default was the fastest corporate failure in US history and urged the court to appoint an independent expert to investigate the case.

Source: Bits

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