News

SBF Denounces The Shares Of The Former President Of FTX US As Completely Untrue

Key Points:

  • Faced with the recent sharing of the former president of FTX US, Brett Harrison, Sam Bankman-Fried (SBF) said that those things are untrue.
  • Brett Harrison said the founder of FTX, SBF, was emotionally unstable and arrogant.
  • Sam shared that he wanted to avoid getting involved in a public debate.
Faced with the former FTX US executive’s share about himself, SBF responded that most of what the former president of FTX US said was not true, and I don’t want to argue publicly with him.

In response to a tweet from former FTX US president Brett Harrison, SBF stated that Brett is a great developer and deeply understands FTX products. While not wholly disagreeing with most of what he said, Sam didn’t want to get into a public debate with him.

Nor does Sam believe he is qualified to accuse him of his performance unless he permits it publicly. SBF shared that it felt sorry for what happened to all FTX employees and wished him all the best.

Recently, former FTX US CEO Brett Harrison fulfilled his promise to share more details about the inner workings of the soon-to-be-destroyed crypto exchange and hinted that he may have cooperated with the federation.

Notably, he also reviews the character receiving a lot of attention and criticism during the demise of FTX as its founder and chief executive officer. Harrison said that during his tenure at FTX US, SBF had little involvement in the US business but influenced FTX US decisions.

In addition, he was “emotionally unstable” and arrogant, and his relationship with the SBF and its deputies had utterly deteriorated. The dispute over the method lasted for several months.

He also revealed his relationship with Sam had deteriorated when Harrison advocated a separation between FTX US and FTX. Because he could not accept the company’s management, he decided to leave FTX.

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.

Earlier this month, Bankman-Fried pleaded not guilty to eight federal charges related to the collapse of FTX. Prosecutors allege that he and other FTX executives stole money from customers they used to fund lavish lifestyles and investments and support risky bets at Alameda.

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