Zhao Changpeng sent a letter to all employees: It is absurd for the SEC to use employee chat records as evidence, and Binance upholds high ethical standards

Author: Zhao Changpeng

Compiled by: Loopy Lu, Odaily

According to exclusive information from Odaily Planet Daily, Zhao Changpeng sent an internal letter to all Binance employees. In the letter, Zhao Changpeng mentioned two tweets. One of them was posted by Adam Cochran. This tweet introduced a series of evidence used by the SEC in the lawsuit against Binance, which includes chat records of Binance employees.

In the letter, Zhao Changpeng emphasized that Binance will not check employees' chat records. He stated that the SEC's use of employee chats as evidence is "absurd."

The other tweet was about the latest developments at Binance, which Zhao Changpeng had posted, where users expressed their affection and support for Binance.

Zhao Changpeng stated that Binance will continue to uphold high ethical standards, "most importantly, we will always spare no effort to protect our users."

Odaily Planet Daily compiles the content of the letter as follows:

"Binance people,"

As we go through these difficult times, I want to share two tweets with you.

First: Please check the following link:

https://twitter.com/adamscochran/status/1666473028610408450?t=dluNT_L3b54AQkTtxgD1boA&s=19

(Odaily Note: The evidence in Binance's SEC case includes internal chat records, including conversations between former compliance head Sam Lin and former business development head Alvin.)

As you can see, although this was just a "private" complaint between two individuals five years ago, it has caused significant damage to our reputation (as well as theirs). I want to remind everyone:

Binance cooperates with investigators. They typically request our chat records first. Everything you say could one day appear in court (or online).

By the way, we do not check employees' chat records. This is the first time I (CZ) have seen this.

It is absurd for the SEC to use this as a poster, but we will let the lawyers handle it.

More importantly, if you are unhappy working at Binance (or any company), you should talk to your manager and seriously consider your career options. Don't waste your energy and life on things you don't like, because you won't do well. If you stay, make sure you love your job and our mission: the freedom of money. We need people who are fully committed to this mission because we need to overcome "some" challenges to achieve it.

Second:

https://twitter.com/cz_binance/status/1666764725475000322?s=20

Read the comments below the tweet. Although this is just a simple tweet, you will see our users supporting our efforts to "keep building." I want to reiterate something I said before: in difficult times, let’s keep a low profile and continue to build products that people use.

Even though we may still see other disgruntled employees' chat records or other things we (or I) have not been careful about saying in the past, they will also find that we have always upheld high ethical standards, and most importantly, we always spare no effort to protect our users. In this regard, we will never compromise. Even if some choose to ignore it, the truth will prevail.

Why? Because we have our values, each other, and the support of our users.