Tag: salary

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FTX Foundation staffer fights for $275K bonus promised by SBF

FTX Foundation employee Ross Rheingans-Yoo said he was not part of Sam Bankman-Fried’s “inner circle” and knew nothing about FTX’s fraud. An employee of FTX’s charity wing recruited by FTX co-founder Sam Bankman-Fried is trying to get paid $275,000, the remainder of his claimed 2022 salary bonus. Ross Rheingans-Yoo’s lawyers argued in a Nov. 13…
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Crypto Payroll Firm Toku Raises $20 Million Amid Industry-Wide Shift Towards Compliance

Toku, a startup specializing in token-based payroll and tax compliance, has successfully raised $20 million in funding. The company’s unique approach is designed to assist crypto businesses in maintaining regulatory compliance amidst increased scrutiny from regulators. With its innovative solutions, Toku aims to provide a much-needed helping hand to the crypto industry during these uncertain…
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Crypto salaries are becoming a popular way to attract young talent

Crypto adoption is right around the corner as more Millennials opt to get their salaries in crypto. Athletes and politicians have made headlines as they opted to get paid in crypto earlier this year. Now, in an attempt to attract a younger workforce, companies are starting to offer crypto salaries.  A recent CNBC article highlighted…
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Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin

The crypto-miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin. On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that CEO Peter Wall is now the first executive of a publicly traded company to take their entire salary in Bitcoin (BTC). In a…
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