``` Brett Harrison (ex-FTX US), X Hall of Flame – Cointelegraph Magazine - Coin Postman
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Brett Harrison (ex-FTX US), X Hall of Flame – Cointelegraph Magazine

The previous president of FTX US dishes the grime on his falling out with former Jane Avenue colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.

Who is that this man anyway?

The ex-president of FTX US, Brett Harrison, tells Journal that he didn’t say a single phrase to Sam Bankman-Fried through the two-month discover interval after he resigned, which was solely months earlier than the entire alternate blew up. Even getting a message to SBF to say he was resigning within the first place was exhausting work.

“I needed to speak to different folks within the firm to formally resign. I wrote one textual content to Sam and I received again a single coronary heart emoji. That was the final I heard from him,” Harrison declares.

Harrison and Bankman-Fried had been colleagues years earlier at quantitative buying and selling agency Jane Avenue, the place Harrison noticed his potential whereas instructing SBF in a course on programming for merchants. However issues went south actual fast between them at FTX.

Harrison claims it was attributable to Bankman-Fried’s inflated ego and his reluctance to just accept any suggestions or recommendation.

“Sam hated criticism and, consequently, refused to speak with me. It drove my determination to give up even additional,” he says.

But, Harrison says he had no clue of the storm about to engulf the corporate with FTX declaring bankruptcy just a few months after he bailed from the U.S. arm of alternate.

“The remainder of us, particularly within the U.S., had been blindsighted. We had been working with regulators, prime attorneys, and to have the entire group fail due to one particular person’s greed, will stick with us for the remainder of our life.”

Nonetheless, he feels justice was executed within the recent fraud trial towards his former boss.

“I do really feel the consequence was completely simply, and I’m glad that justice was served shortly; I feel it was important that Sam was held accountable for his actions,” he declares.

In the meantime, Harrison wasted no time diving into a brand new venture.

He co-founded Architect.xyz, a DeFi platform that focuses on bridging all of the completely different alternatives within the digital asset house for each institutional and retail traders.

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Harrison is a little bit of a brainiac and has a pc science diploma centered on synthetic intelligence (AI) from Harvard College. So, who higher to ask concerning the potential for AI to take over the world?

“I don’t suppose AI is a menace to humanity,” he declares, stating that AI has been in improvement for for much longer than folks suppose:

“A number of folks are actually seeing AI for the primary time, they don’t admire the many years of progress that has gone into it.”

Harrison is extra involved about people utilizing AI to tug off scams and swipe identities extra effortlessly.

“It actually is simply linear algebra,” he says. “The concept that linear algebra is a few existential menace to our survival simply feels considerably fanciful to individuals who have been practitioners within the area for a very long time.”

What led to Twitter Fame?

Harrison is a great man who drops fascinating stuff on social media that folks appear to dig.

However let’s not dance round the truth that the FTX connection is what blew up his follower numbers, along with his rely hitting its highest weekly peak when FTX took a nosedive in November 2022, when he gained 2,140 followers, in accordance with data from Social Blade.

Again in January, his lengthy rant about his departure from X received practically 3 million eyeballs. He mentioned he wasn’t canned from the FTX gig; it simply wasn’t his dream job, and SBF was an “insecure, prideful supervisor.”

Content material folks can anticipate

When you scroll by Harrison’s timeline over time, you’ll discover his glam way of life has toned down significantly because the FTX days. 

Again then, he was usually seen hanging out with celebs and former prime ministers.

These days, it’s far more low-key. Moreover throwing in some market speak, Harrison’s been sharing snippets about his household life currently. 

He’s even flexing about saving toys from the FTX US workplace that in some way dodged the entire chapter drama.

What sort of content material does he like?

Harrison loves the mix of genius and goofiness on Crypto X — getting a every day repair of humor and excessive mind.

“One of many issues I like about Crypto Twitter  is the proper mixture of extremely mental cerebral, both Market construction or political commentary, and degenerate memes.”

Nonetheless, once we requested concerning the accounts he’s into, he’s not that forthcoming. 

After performing some mild digging, it seems he’s following 2,100 accounts, and guess who’s within the combine? None other than Bankman-Fried’s pal Tiffany Fong.

Bitcoin predictions?

Harrison used to keep away from making predictions, saying he’d by no means have predicted the occasions that occurred to him. However that was when issues had been going too easily, and that’s all modified. 

Harrison declares there’s a very “excessive chance” {that a} spot Bitcoin ETF will get permitted within the first quarter of 2024.

As for value predictions? Harrison isn’t tossing out any six-figure numbers straight away.

“In Q1 assuming there may be an ETF that’s permitted. I feel one thing within the $50,000 to $55,000 vary feels fairly possible,” he states.

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He doesn’t see Bitcoin hitting six figures till “towards the top of 2024 or early 2025 on the earliest.”

He factors to the primary day of Bitcoin Futures ETF as just a bit trace of how optimistic he’s concerning the spot Bitcoin ETF:

“When you bear in mind the day when a Bitcoin Futures ETF was listed the inflows had been a number of the highest ever seen within the historical past of ETFs. I feel we’re going to see much more information damaged for a spot Bitcoin ETF.”

Ciaran Lyons

Ciaran Lyons is an Australian crypto journalist. He is additionally a standup comic and has been a radio and TV presenter on Triple J, SBS and The Undertaking.

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