Binance’s CEO Held in Addressing SEC’s Conspiracy

• Changpeng Zhao addresses the implications regarding chat logs.
• Customers stand with Binance saying ‘Keep Building’.

The CEO of Binance, Changpeng Zhao stands forth in the tough times of facing the allegations from the SEC. However, the critical implications on the employer chat record of two customers are addressed by Zhao in his recent concerns. 

Firstly, a guy, 5 years ago created a reputation check on Binance demanding the chat logs. Meanwhile, this isn’t the case for checking employee chat logs as Binance doesn’t prefer to do so. Yet, due to the constraints being faced at this moment and SEC shocks the community with the records. Furthermore, these implications will be taken care of with the help of lawyers from our side, says Zhao.

And, also Zhao adds:

“More importantly, if you are unhappy with working in Binance (or any company), you should talk with your managers and may be seriously consider your career choice. Do not waste your energy and life on something you don’t love, you won’t be good at it anyway. If you stay, be sure you love your job and our mission; the freedom of money. We need people fully committed to this mission as we have ‘a few’ challenges to overcome to get there.”

Secondly, some of the crypto communities are moving forward with us, supporting ‘keep building’. At this tough time, we feel grateful for the support so that we held in building the products. On the other hand, the rantings of employees concerning the ethical standard create distress. Meanwhile, Binance tends to protect the users from their side. He adds saying, ‘Even if some deliberately choose to ignore that, the truth will prevail.’

Hence, he comments that Binance has its own values. And, predominantly users end up being on our side, he concludes.