Former Binance executive Amrita Srivastava filed a lawsuit against Binance in the UK. Srivastava claimed that she was unfairly fired after reporting to Binance that colleagues at the company solicited bribes from project developers. (Preliminary summary: Meme coins WHY and CHEEMS were listed on Binance and there was a sudden "head-cutting plunge", and the big investors shouted: Please slow down the market) (Background supplement: CZ fought back against the SEC after being released from prison! Fighting with Binance lawyers The court dismissed the lawsuit: Why are all crypto assets securities? ) According to (Bloomberg) reports, a former Binance executive Amrita Srivastava filed a lawsuit against Binance in the UK. Srivastava said that she was reporting to Binance that her company colleagues reported to the project After Fang demanded a bribe, he was unfairly fired. Suing Binance for unfair dismissal Srivastava said she discovered that her colleagues at Binance were asking for bribes from Binance customers on the pretext of providing consulting services to speed up the cooperation between the two parties. At the same time, a client who frequently traveled to and from the UK had previously disclosed to Srivastava that the client had also previously paid fees to Srivastava’s colleagues. However, after Srivastava himself reported the matter to Binance in April 2023, he was fired by Binance a month later. Srivastava said in his testimony: When someone deceives customers but still stays on the team, I cannot turn a blind eye. Some things are just plain wrong. My experience at Binance caused such damage to my entire career that it took me several years to repair the negative effects. Binance responded: Srivastava was fired because of poor performance. However, Binance lawyers refuted Srivastava’s accusations. Binance first clarified that Srivastava was fired not because she reported her colleagues to Binance for bribes, but because Srivastava himself was at work. Poor performance. Secondly, regarding the issues reported by Srivastava, Binance stated that the internal audit team had already known about it and launched an investigation. Therefore, there is no argument that Srivastava was fired because of her report: her employment relationship was terminated because of her poor performance. The relevant situation she raised has been made known to our internal audit team and is under investigation. Binance itself has a policy of regularly removing underperforming employees. Related reports: FTX sues Binance and Changpeng Zhao CZ! What's going on with the demand to "give back US$1.8 billion" of sky-high stock buyback funds? Will you definitely make money by listing the currency on the exchange? IOSG deeply discusses Binance’s currency listing model and reform suggestions. Changpeng Zhao CZ: Someone wants to “buy my Binance equity” and is evaluating the offer but has not made a decision. A former executive sued Binance: I reported a colleague for accepting bribes and was dismissed. Fair expulsion, how does Binance respond? "This article was first published on BlockTempo (the most influential blockchain news media).

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