April

Coin

<ul class="wp-block-list news-points">
 <li>A former Binance executive alleges unfair dismissal after reporting a bribery incident within the organization.</li>
 <li>Binance faces scrutiny over claims of prioritizing revenue generation over compliance and ethics.</li>
 <li>The Department of Justice is investigating $16 million in crypto linked to bribes authorized by FTX’s former CEO.</li>
</ul>
A former Binance executive filed a whistleblower claim in the UK, alleging bribery within the company.
Amrita Srivastava, a former senior employee at Binance’s London office, claims she was unlawfully dismissed after reporting bribery to a colleague, according to <a href="https://www.bloomberg.com/news/articles/2024-11-28/ex-binance-executive-brings-whistleblower-claim-alleging-bribery" target="_blank" rel="noopener noreferrer nofollow">Bloomberg</a>. These accusations renewed focus on Binance’s practices after it admitted guilt in November 2023 to U.S. anti-money laundering violations and paid a $4.3 billion penalty.
<h2 class="wp-block-heading" id="h-alleged-bribery-scheme-and-internal-mismanagement">Alleged Bribery Scheme and Internal Mismanagement</h2>
Srivastava, who joined Binance in April 2022, detailed her claims during an employment court hearing. She alleges that a colleague accepted bribes disguised as consulting fees in exchange for expediting a customer’s enrollment in Binance’s services.
Adding to this, Srivastava stated that she reported the bribery incident to Binance managers …
The post <a href="https://coinedition.com/whistleblower-alleges-bribery-at-binance-files-claim-in-uk-court/" rel="noopener noreferrer nofollow">Whistleblower Alleges Bribery at Binance, Files Claim in UK Court</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Whistleblower Alleges Bribery at Binance, Files Claim in UK Court

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