FTX Employee Recruited by Sam Bankman-Fried Wants $275,000 Bonus

11/14/2023 05:33
FTX Employee Recruited by Sam Bankman-Fried Wants $275,000 Bonus

A former Jane Street trader recruited by Sam Bankman-Fried to assist in FTX’s charitable giving is fighting to get the rest of his 2022 bonus while denying that he had any knowledge of the fallen crypto mogul’s fraud before the company collapsed last year.

A former Jane Street trader recruited by Sam Bankman-Fried to assist in FTX’s charitable giving is fighting to get the rest of his 2022 bonus while denying that he had any knowledge of the fallen crypto mogul’s fraud before the company collapsed last year.

Ross Rheingans-Yoo said in a Monday court filing that FTX owes him the remainder of his bonus — $275,000 — after the firm paid him $375,000 about two months before the crypto exchange went bankrupt in November 2022. Rheingans-Yoo also denied allegations leveled against him earlier this year by FTX’s new management that he aided and abetted Bankman-Fried’s wrongdoing while working with the firm’s charitable arm.

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