I'm in management so I know this isn't how you treat your employee Crypto or not

[theking]

My employer paid me in crypto. It rose 700% in value. Now he wants employees to return the crypto and accept dollars

In August 2020, I received payment for the contract work in cryptocurrency . Since then, the prices of cryptocurrency have skyrocketed. As of this moment, the crypto that I received payment in has gone up 700%.

Today, I received an email from the CEO stating something along the lines of, “Since you did not generate any revenue for the company and are not currently doing any follow up work, please send back all of the crypto received in August 2020. You can invoice the company for the hours worked in USD.” So basically, stating that I can invoice in USD at seven times less than what the crypto is worth today!

Say HELL NO to that CEO's request. What if the cryptocurrency lost 700%, would he exchange it for USD too? I think not...