February 5, 2023

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Brett Harrison, a former leader, and director of FTX in its US department is stated to be preparing to create a new company to create cryptocurrency-exchanging computer programs for large stakeholders. 

The desire for a new startup

Brett Harrison, a former director of the collapsed FTX platform, is looking for new finances and stakeholders to start a crypto company only 1 month after the infamous failure of its FTX exchange and its 130 affiliates.

That is alleged. As for the news report, B. Harrison, a previous leader of FTX US, is looking for six million dollars to start a new company that is going to create crypto-exchanging computer programs for large traders.

On a sixty-million-dollar evaluation, Harrison’s financing process will be carried out in the near future.

More than four years before FTX’s infamous demise, Harrison made a statement to the media regarding his desire to leave his position as leader of the US department and take on a consultative position on the 27th of February.

The business leader was not instantly incriminated of being responsible for the theft of clients’ finances as a result.

Like the majority of the group, he reported being shocked and saddened by the news of the collapse and later the fraud.

The whole team of the former crypto trader fervently hopes that the outcomes will lessen the effects on all those who are impacted, as stated in his Twitter account.

The shock after the collapse

Harrison, on the other hand, described his astonishment and frustration at what SBF and its henchmen managed to accomplish after the FTX collapse.

Hackers gained entrée to some of the exchange’s finances and tried to steal the money. Most recently, it was discovered that the hacker had used Bitcoin to transfer some of the taken money to OKX. 

But still, not everywhere the clients lose their money forever. One of many business companies included in FTX’s bankrupt-related operations, the Japanese department of FTX corporation, has plans to return its clients’ money.

The segregation of user assets from trading possessions in accordance with Japanese law was confirmed by FTX Japan on the first day of winter this year.

The country is resuming withdrawals as its primary goal, and the company reportedly hopes to reach its goal this year.

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