The warehouse director had hoped to raise money for Britney Spears' cause and support the #FreeBritney movement.
During Wednesday's hearing, a judge granted Bessemer's petition request to resign from overseeing the pop star's financial estate.
The singer's conservatorship is in the middle of an ongoing legal battle, but no lawyers have actually submitted paperwork requesting that it end.
See a timeline of what's happened with the legal guardianship since the pop star's June 23 hearing, and what comes next.
The pop star posted an Instagram story in support of Spears during the ongoing legal fight over her conservatorship.
Paris Hilton said on Monday that she "can't imagine" Spears not being in control of her life and finances after Spears working her whole adult life.
Sam Ingham has been Spears' lawyer since 2008. The New Yorker described how he was appointed with no notice and with no option for her to say no.
A report by The New Yorker also claimed that Jamie Spears called his daughter a "terrible mother" after the conservatorship was granted.
"I can assure you that I've supported my sister long before there was a hashtag and I'll support her long after," the younger Spears sister said.
"In California, the only similar thing to this is called sex trafficking," Spears said at the hearing while describing the "traumatizing" experiences.
During the legal case over her conservatorship status, the pop star finally spoke directly with the judge in a Los Angeles courtroom.
A fan shared the video on Twitter after a report said Britney Spears told a court that her conservatorship made her "perform against her will."
The creator of the "Leave Britney Alone" video told Insider they believed homophobia and transphobia played a role in the video's reception.
Reps. Jim Jordan and Matt Gaetz requested that the House Judiciary Committee hold a hearing on conservatorships amid the "Free Britney" movement.