Brett Harrison abruptly resigned as president of FTX US last September.
Harrison served as president of FTX’s US operation until he abruptly stepped down from the high-ranking post last September after less than 18 months on the job. At the time, Bloomberg described Harrison’s departure asTwo months after Harrison left, FTX was forced into bankruptcy after Bankman-Fried allegedly engaged in what the feds have described as “one of the biggest financial frauds” in history.
Earlier this month, Bankman-Fried pleaded not guilty to eight federal charges related to FTX’s collapse. Prosecutors allege that he and other FTX executives pilfered customer funds that they used to bankroll a lavish lifestyle, make investments and prop up risky bets at Alameda.Several former FTX executives have already reportedly begun cooperating with investigators.
Both Ellison and FTX co-founder Gary Wang took plea deals and admitted to fraud last month. Manhattan US Attorney Damian Williams said “AFP via Getty Images A court transcript revealed that Ellison said she was “truly sorry” for her role in the alleged fraud scheme, in which she and Bankman-Fried purportedly funneled FTX customer funds to Alameda.
, reportedly tipped off regulators in the Bahamas, where FTX was based, that customer funds were being illicitly transferred to “cover financial losses” at Alameda.
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