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Ex-Binance employee sues UK exchange, alleging bribery: Report

Ex-Binance employee sues UK exchange, alleging bribery: Report

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Source: Coin Telegraph

Amrita Srivastava, who worked at Binance from 2022 to 2023, alleged reporting a bribe at the crypto exchange resulted in her dismissal.

A former senior employee at Binance has reportedly filed a lawsuit against the cryptocurrency exchange’s United Kingdom arm, making allegations including bribery and unfair dismissal.

According to a Nov. 28 Bloomberg report, former Binance employee Amrita Srivastava sued the crypto exchange in the UK, claiming that another worker solicited bribes from a customer. She alleged that she was unfairly dismissed from her position a month after bringing the matter to management’s attention in April 2023. 

Srivastava alleged that the unnamed Binance employee accepted the bribe “under the guise of providing consultative services.” An exchange spokesperson reportedly said the alleged bribe “was already known,” and Srivastava’s employment was terminated for “poor performance” at the firm.

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Author: Turner Wright