Anthony Scaramucci, a prominent American financier, announced plans to personally invest in a new company founded by the former president of Bankrupt crypto exchange FTX.
In an email to Bloomberg, Scaramucci expressed his support for Brett Harrison and stated that the investment would be made using his own funds.
As reported by TronWeekly last month, just a month after the downfall of Sam Bankman-Fried’s FTX, its former president Brett Harrison was actively seeking investors to launch his own crypto startup.
Harrison has reportedly approached at least one venture capital firm with plans to raise $6 million at a valuation of $60 million at that time.
However, the startup aims to develop cryptocurrency trading software for major investors and simplify the exchange of digital assets on both centralized and decentralized exchanges for professional investors.
According to the latest report, Harrison said in a reply:
Anthony has been a true mentor and friend to me since I joined the crypto industry two years ago. I’m honored to have him as an investment partner and know his guidance will be invaluable as I begin this new chapter.
Harrison served the company for roughly 17 months before resigning in September. He had previously worked at Citadel Securities and quantitative trading firm Jane Street, where he had a prior working relationship with the CEO of FTX.
FTX Former President’s Experience At The Firm
Brett Harrison, the former president of FTX US, has shared his experiences and perspective on his time at the company in a Twitter thread. Harrison revealed that he worked at FTX US for 17 months and that his departure was not abrupt as it may have appeared to some.
He stated that his relationship with Sam Bankman-Fried and other executives had deteriorated over time due to disputes over management practices.
Harrison also mentioned that he had advocated for establishing separation and independence for the executive, legal, and developer teams of FTX US, but his suggestions were met with resistance.
In early April 2022, he submitted a formal complaint about the organizational problems at the company and threatened to resign if they were not addressed. However, in response, he was threatened with being fired and that Sam would destroy his professional reputation.
Harrison said:
That event solidified my decision to leave. I knew an abrupt departure would be harmful to the company and my FTX US reports, and I wanted to best position the company for future success after I left.
In his post, Harrison expressed gratitude towards those who showed him unwavering trust and support during the turmoil following the collapse of the exchange.
Harrison also mentioned that he is honored to have them as partners and is excited to move forward with them, and Scaramucci commented that he is proud to be his partner.