“Those who don’t like Binance can quit,” the CEO says in a leaked email

“Those who don’t like Binance can quitBinance CEO Changpeng Zhao (CZ) said in a letter leaked by company insiders after the US CVM filed a lawsuit against the platform.

According to CZ, he normally does not investigate the conversations of his own employees, but supervisors often ask for the conversations as evidence. However, it is very bad for the businessman to see information leaked from employees who spoke badly about the company they worked for.

For example, a dialogue between two officials five years ago made it clear that they did not believe in BNB as a currency and that it would eventually run into trouble with US authorities.

In the letter, CZ asks people not to discuss sensitive or compromising topics in internal chat.

Read the leaked letter

Journalist Colin Wu had access to one Letter Binance CEO’s internal report to all employees, which the live coins translated to understand what it was about.

Initially, CZ is asking employees to pay attention to leaked messages from Binance’s internal chat, where several employees are attacking the exchange they work for. The messages are about various topics, such as fraud on the platform, security breaches, among others.

Adam Cochran’s Twitter profile leaked several dialogues from conversations between employees on June 7. The messages were quoted in CZ’s letter, which claimed that such details cannot be publicly leaked to regulators as they damage the company’s image with the public.

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Evidence from SEC case against Binance including internal chat logs, first between Sam Lin (former compliance lead at Binance) and Alivn (formerly head of BD)

First, there’s their convo on stock bonuses where Sam talks about the risks of holding BNB pic.twitter.com/96IfwJEUOT

— Adam Cochran (adamscochran.eth) (@adamscochran) June 7, 2023

According to CZ, the coming months should be one of intense debate with the authorities and Binance’s legal team is already sorting everything out.

He does ask in the letter that only employees who love Binance and are loyal to the company stay on as things are extremely exciting right now.

Publicly, CZ did not confirm authorship of the letter and avoided discussing it. It is not clear whether the document is indeed original and was sent by him to his employees.

“Lots of FUD in the market,” says Binance CEO

Fear, panic and uncertainty are represented by the English acronym FUD, which occurs when investors go through moments of tension.

And for Binance’s CEO, the current moment the company is experiencing proves that there is a lot of FUD in the market. In recent days, sources have indicated that CZ even exchanged fire with authorities, carrying an AK47, and that he was eventually arrested.

But the entrepreneur has tried to sidestep false information with a bigger presence on Twitter, where he denies publications and tries to make it clear that everything is fine with Binance. Meanwhile, your company is still under pressure and is taking measures to prevent further problems.