- Richard Teng remained defensive and refused to answer the questions properly in his first public interview
- Additionally, he thwarted the questions by stating, “Is there a need for us to share all of this information publicly? No.”
- Teng failed to share the location of Binance’s global headquarters and the firms involved in the audit process
Richard Teng, the new CEO of Binance, refused to share crucial and simple information about the crypto exchange and remained defensive in his first public interview when questioned by Financial Times digital correspondent and moderator Scott Chipolina. At the FT Crypto and Digital Assets Summit in London, Teng dismissed the questions by asking, “Why do you feel so entitled to those answers?”
Based on the reports, Richard Teng further justified the fact that the company provides the necessary information to regulators. Additionally, he thwarted the questions by stating:
Is there a need for us to share all of this information publicly? No.
One of the main questions Richard Teng failed to answer was the location of Binance’s global headquarters. Apart from not revealing the location of the global headquarters, Richard Teng also refused to share the details of the audit firms that were involved in Binance audits in various jurisdictions where it is regulated.
Richard Teng’s refusal to answer these questions could create fear, doubt, and uncertainty (FUD) in the crypto industry. Stay tuned for more information regarding this news.
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