A former senior employee at Binance’s United Kingdom division has filed a lawsuit alleging bribery and wrongful termination. According to Bloomberg’s Nov. 28 report, Amrita Srivastava accused a colleague of soliciting bribes from a customer under the guise of offering consultative services. Srivastava claims her dismissal, one month after reporting the incident in April 2023, was an act of retaliation disguised as a performance-based decision.

In her statement, Srivastava emphasized her refusal to tolerate fraudulent behavior within the organization. “Some things are just right and wrong, and asking for a bribe and defrauding a customer was not a gray area — it is most definitely wrong,” she remarked.

Binance’s spokesperson responded by stating the alleged bribe was already under internal review, asserting Srivastava’s termination was due to poor performance rather than her whistleblowing efforts.

The case now enters the UK legal system, where outcomes for unfair dismissal claims typically result in compensation up to $150,000. However, for whistleblower cases, there is no limit on potential damages.

This lawsuit adds to Binance’s ongoing legal troubles. In the United States, the exchange settled with regulators in November 2023, agreeing to pay $4.3 billion. The settlement also involved former CEO Changpeng Zhao stepping down, pleading guilty to a felony, and serving a four-month prison sentence. Meanwhile, Binance continues its legal battle with the SEC over allegations of unregistered securities offerings.

As Binance faces mounting legal challenges across jurisdictions, the unfolding UK lawsuit could further impact its global reputation and operations.