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FTX Ex-Chief Is Raising Funds For New Crypto Startup

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Brett Harrison, former Chief of FTX USA, is reportedly reaching out to investors to help fund the launch of a new crypto startup.

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According to reports, Harrison is currently discussing with investors a startup that will offer crypto trading software.

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According to reports, the ex-FTX executive seeks investors to raise $6 million for an overall valuation of $60 million.

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Harrison left FTX weeks before the bankruptcies. There were allegations that Harrison had misused customer funds.

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Caroline Ellison, former chief of FTX and Alameda Research CEO, has been accused of improperly using customer money.

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Harrison was previously employed at Jane Street Trading, where he worked for Bankman-Fried before joining FTX.

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The bankruptcy of FTX has caused shockwaves in the crypto world, causing damage to other exchanges such as BlockFi and Gemini, which had also filed for bankruptcy.

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