Just-In: Binance CEO Refers SEC’s Chat Evidence In Internal Staff Letter

Binance News: Changpeng Zhao (CZ), CEO of Binance reportedly released an internal letter discussing the employee chat evidence revealed by the U.S. Securities and Exchange Commission (SEC). The commission has sued the world’s largest crypto exchange and its co-founder on 13 different civil charges.

Also Read: Binance US To Remove Hundreds Of Trading Pairs; Halts OTC Trading

As per the report, Binance chief in the internal letter addressed the two tweets making rounds on the internet. The tweets mention a series of evidence presented by the commission in the Binance lawsuit to assert its claims.

CZ reportedly stated that the crypto exchange does not check employee chat records and called the U.S. SEC evidence referring to Binance’s employee chats absurd. Binance Chief highlighted the chat between Sam Lim, ex head of compliance for Binance, and Alivn, ex head of business development.

However, the other tweet shared by Binance CEO showed users supporting the exchange in hard times.

(THIS IS A DEVELOPING NEWS)

AD

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.