Scaramucci Backs Crypto Software Firm by FTX.US’s Former President: Report

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Scaramucci Backs Crypto Software Firm by FTX.US's Former President: Report

Former FTX.US President, Brett Harrison, has raised funds for his new unnamed crypto software startup from Anthony Scaramucci, Bloomberg reports.

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In an email, Scaramucci said that the investment won’t be made by his venture firm, SkyBridge Capital, as the funds will be his own. Harrison had reportedly been seeking funding for his new startup at a valuation of up to $100 million. It is unclear if he succeeded to raise the required amount of money.

The yet-to-be-named startup will help crypto traders with special algorithms for their trading strategies, both centralized and decentralized.

Brett Harrison to Step Down as FTX.US CEO

Harrison left FTX.US last September. In a Twitter thread he said that the decision to leave the company followed Sam Bankman-Fried’s “dysregulated hostility,” who used to manipulate colleagues. Prior to FTX.US, Harrison worked at Jane Street where he led the company’s trading systems development group.

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