Ross Rheingans-Yoo’s lawyers argued<\/a> in a Nov. 13 court filing that only $375,000 of his $650,000 bonus was paid by FTX. They claim the remaining funds were owed when the crypto exchange filed for bankruptcy in November 2022.<\/p>\n Rheingans-Yoo\u2019s latest filing comes in response to FTX\u2019s objection filed<\/a> on Oct. 30. <\/p>\n Rheingans-Yoo shared part of a Google Doc created by Bankman-Fried that laid out his employment terms at the FTX Foundation, which came with a $100,000 base salary. He claimed Bankman-Fried told him in memo \u00a0 <\/p>\n Rheingans-Yoo iterated he was not part of Bankman-Fried\u2019s \u201cinner circle\u201d and wasn\u2019t aware that FTX misapp<\/a>ropriated customer funds with his lawyers adding:<\/p>\n \u201cInstead, Rheingans-Yoo was a faithful employee who found himself in a mess he did not create.\u201d<\/p><\/blockquote>\n Rheingans-Yoo claims he is entitled to a further $650,000 specifically to donate to charity, a prepetition salary payment of about $5,700 and a post-petition salary of at least $62,800.<\/p>\n Advisers claim FTX has already fully paid Rheingans-Yoo his bonus because he elected to have the award partially repaid via options in the firm\u2019s corporate affiliates before it filed for bankruptcy. <\/p>\n However, Rheingans-Yoo denies that claim.<\/p>\n The fate of Rheingans-Yoo\u2019s bonus will be determined by a Delaware bankruptcy judge who is overseeing FTX\u2019s Chapter 11 bankruptcy.<\/p>\n Related: <\/em><\/strong>FTX files billion-dollar lawsuit against Bybit over asset withdrawals <\/em><\/strong><\/p>\n FTX sued Rheingans-Yoo\u2019s Latona Bioscience<\/a>s Group, Bankman-Fried and several other defendants in July to return $71.6 million in investments and donations allegedly sent to various life science companies.<\/p>\n FTX seeks to recover through avoidance of transfers of $71.5m from<\/p>\n Life Sciences, Lumen Bioscience, GreenLight Biosciences Holdings, PBC, Riboscience, Genetic Networks, 4J Therapeutics, Latona Biosciences, FTX Foundation, SBF, Ross Rheingans-Yoo and Nicholas Beckstead pic.twitter.com\/T7lF3sZmzN<\/a><\/p>\n \u2014 Sunil (FTX Creditor Champion) (@sunil_trades) July 20, 2023<\/a><\/p><\/blockquote>\n![](\"https:\/\/s3.cointelegraph.com\/uploads\/2023-11\/a0b03a48-aa47-4b4b-b8f8-ea6e16c38b1a.png\")
\n