A former Jane Street trader recruited by Sam Bankman-Fried to assist in FTX’s charitable giving defeated opposition from the fallen crypto exchange to send $650,000 of his bonus to an effective altruism-tied nonprofit as part of the bankruptcy.
Ross Rheingans-Yoo can send part of his bonus to 1Day Sooner Inc. because the FTX recovery trust’s lacked any credible basis to oppose it, Judge Karen B. Owens of the US Bankruptcy Court for District of Delaware ruled at a hearing Tuesday.
Rheingans-Yoo had called the trustee’s opposition a baseless and bad-faith “vendetta” against him and his right to donate to the ...
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