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Crypto Giant Binance Faces Trial in Nigeria: Money Laundering and Tax Allegations Cast a Shadow
The world’s leading cryptocurrency exchange, Binance, is facing a legal storm in Nigeria. Two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, are set to be arraigned before the Abuja Federal High Court on Thursday, April 4th. Serious accusations of money laundering and tax evasion have cast a shadow over the platform’s operations in the […]
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Update: Binance Execs Held as Nigeria Flexes Regulatory Muscle
Two senior executives from Binance, a leading cryptocurrency exchange, have been detained in Nigeria, according to a report by the Financial Times on Wednesday. This development comes amidst a wider crackdown by the Nigerian government on cryptocurrency trading platforms. The report, citing individuals familiar with the matter, states that the executives flew to Nigeria following […]