A company paid an employee for his work done in cryptocurrency. However, after the price of the cryptocurrency skyrocketed 700%, the employer wants the coins back, offering to pay the employee in U.S. dollars instead.
Employer Wants Crypto Back After It Rose 700%
Marketwatch published a letter to The Moneyist columnist, Quentin Fottrell, Monday from someone asking for advice about crypto payments he received from his employer. The Moneyist is a service that provides answers to all sorts of dilemmas, and Fottrell is the publication’s personal finance editor as well as The Moneyist columnist.
Employer Wants Cryptocurrency Back From Employee After Price Soars 700%, Offers to Pay in US Dollars Instead