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Ross Rheingans-Yoo, an FTX charity wing employee recruited by co-founder Sam Bankman-Fried, is seeking the remaining $275,000 of his alleged 2022 salary bonus . The attorneys for Ross Rheingans-Yoo stated in a legal document filed on Nov. 13 that FTX had only disbursed $375,000 of his entitled $650,000 bonus . They argue that the remaining amount was still owed when the cryptocurrency exchange went bankrupt in November 2022. This latest legal move is a response to FTX’s objection filed on Oct. 30. Documents shared by Rheingans-Yoo, including a Google Doc from FTX co-founder Sam Bankman-Fried, outlined his employment terms at the FTX Foundation, with a base salary of $100,000. Rheingans-Yoo maintains that he was not part of Bankman-Fried’s close circle and was unaware of any misappropriation of customer funds at FTX. His legal team stated, “Rheingans-Yoo was a faithful employee who found himself in a mess he did not create.” You might also like: FTX...

PactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is the key to catalyzing activism and building stronger communities. The efforts of many charities organizations are often hampered by the red tape of bureaucracy, and the presence of hierarchical structures within these organizations can complicate matters even further.  To bypass this inefficient rigamarole, PactDAO co -founder Marisa Rando suggests that those aiming to distribute aid focus on being “active” as this is the root word in the term “ activism .” Rando hinted that the presence of hierarchical structures within charitable organizations leads to bias in the distribution of aid, whereas adopting a fully decentralized model encourages activism from givers and recipients. This results in the foundation of stronger communities and more objectivity and fairness in the selection and distribution of aid. This is the true intent of mutual aid and grassroots activism . On Episode 11 of The Agenda ...