Ex-FTX US President Accuses Sam Bankman-Fried of Gaslighting and Manipulation

• Brett Harrison, the former president of FTX US, accused Sam Bankman-Fried of “gaslighting and manipulation.”
• Harrison claimed he was marginalized as a leader while attempting to expand FTX’s footprint in the US.
• After months of disagreements over FTX’s management procedures, Harrison’s relationship with Bankman-Fried had deteriorated to the point where he threatened to quit in April 2022.

On Saturday, Brett Harrison, the former president of FTX US, provided information about his time working for Sam Bankman-Fried and accused the crypto tycoon of “gaslighting and manipulation.” Harrison served as the head of FTX US for a total of 17 months, but he claims that his relationship with Bankman-Fried had started to deteriorate months earlier.

At the time, Harrison was attempting to expand the footprint of the now-defunct cryptocurrency exchange in the United States. However, he alleges that his efforts were constantly undermined by Bankman-Fried who he claims was “gaslighting and manipulating” him. Despite his attempts to make progress, Harrison became increasingly frustrated with the lack of support he was receiving from his superiors. After months of disagreements over FTX’s management procedures, Harrison claims that “my relationship with Sam Bankman-Fried and his subordinates had reached a point of absolute degradation.”

In early April 2022, Harrison made one last attempt to make his grievances known. He wrote a formal complaint about what he saw as the largest organizational problems within FTX. Unfortunately, his attempts failed to bring about any meaningful change. Harrison claims that his efforts were stifled by Bankman-Fried, who he says was determined to maintain control over the company’s operations. Eventually, Harrison decided to leave FTX US in September of the same year.

Now, Harrison has decided to speak out about his experience. He hopes that by doing so, he can help to shed light on the issues he faced while working for Bankman-Fried. He has also encouraged other FTX employees to consider the potential ramifications of staying in such a toxic environment.