binance
How Binance Founder Changpeng Zhao Made $8.42 Billion in Just 72 Hours
Changpeng Zhao, the billionaire founder of Binance, has seen a remarkable increase in his net worth, reaching nearly $50 billion as of recent reports. The surge in wealth comes amidst fluctuations in the cryptocurrency market and regulatory challenges … Continue Reading
National Security Adviser declares Nationwide Manhunt for missing Binance Executive
The Office of National Security Adviser (ONSA) has issued a statement calling on the Nigerian public and the international community to assist law enforcement agencies in the apprehension of Mr. Nadeem Anjarwalla, the Executive Manager of Binance for the African … Continue Reading
Federal Government Initiates Criminal Proceedings Against Binance for Tax Evasion
The government of Nigeria has taken decisive action against Binance, a prominent cryptocurrency exchange platform over tax evasion.
The charges, filed at the Federal High Court in Abuja, were announced on Monday by the Federal Inland Revenue Service (FIRS) … Continue Reading
Federal High Court Orders Binance to Provide Data on Nigerian Traders to EFCC
The Federal High Court sitting in Abuja has issued an interim order directing Binance Holdings Limited to furnish the Economic and Financial Crimes Commission (EFCC) with comprehensive data about individuals from Nigeria engaged in trading on its platform.
The order, … Continue Reading
“state-sponsored kidnap” – U.S. Group Urges President Biden to Respond To the detained Binance Officials in Nigeria
The United States Chamber of Digital Commerce has issued a fervent plea to President Joe Biden, calling for the employment of every available diplomatic measures to secure the immediate release of two Binance officials detained by Nigerian authorities.
The Chamber … Continue Reading
Binance Ceases NGN Services in Nigeria Amid Regulatory Disputes
Binance, a prominent global cryptocurrency exchange, has announced the termination of all services involving the Nigerian naira (NGN) in Nigeria. The decision comes amidst ongoing regulatory disputes with the Nigerian government and accusations of forex market manipulation and illicit fund … Continue Reading
Binance Exits Nigeria, Discontinues Naira Services Following Government Scrutiny
Crypto exchange giant, Binance quits Nigeria, saying it will discontinue its Nigerian Naira (NGN) services following increased scrutiny from Nigerian government.
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to … Continue Reading
Detained Binance Executives Unable to Attend National Assembly Hearing, Says Lawyer
The Nigerian House of Representatives has intensified its probe into the operations of Binance holdings Limited, a prominent cryptocurrency exchange platform, amidst allegations of fraud and financial misconduct. The company has been accused of exploiting the Nigerian currency, the Naira, … Continue Reading
Nigerian Government Levies $10 Billion Fine on Binance Amid Cryptocurrency Crackdown
The Nigerian government has imposed a staggering fine of $10 billion on Binance, one of the world’s largest digital asset platforms. The move comes amid growing concerns about the role of cryptocurrency exchanges in facilitating illicit activities and exacerbating … Continue Reading
Nigeria Drills 3 of Executives of Binance, Demands $10 billion fine
Nigerian government has detained 3 executives of the crypto-trading platform Binance and demanded $10 Billion from the Asian firm over allegations of influencing the country’s forex crisis.
This was disclosed by the special adviser to President Bola Tinubu on information … Continue Reading