Former FTX US President Brett Harrison is seeking $6 million in funding to launch a startup that would build cryptocurrency trading software for large investors. Harrison’s funding round would be valued at $60 million.
On September 27, Harrison announced his plans to step down as president of FTX US to move into an advisory role. Over a month before the infamous FTX crash. As a result, the businessman was not immediately charged with direct involvement in the misappropriation of user funds.
However, after the fall of FTX, Harrison also claimed to be “shocked and saddened” by what SBF and its accomplices were able to achieve through deception. Following the FTX collapse, a hacker gained access to a portion of the exchange funds and has actively attempted to divert the stolen funds.