A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action to get his unpaid 2022 bonus.
In a new court document filed on November 13th, Ross Rheingans-Yoo says that FTX still owes him $275,000 of the $650,000 that he was supposed to receive as a bonus last year.
“The Debtors paid Rheingans-Yoo $375,000 cash out of his $650,000 first-half 2022 bonus on or around September 15, 2022. However, the Debtors did not pay the remaining $275,000 in cash.”
The filing says that based on a bonus memo from former FTX CEO Sam Bankman-Fried, Rheingans-Yoo can choose to receive the bonus in cash, options or a combination of the two, but the exchange is now making