The legal saga unfolds as Binance executives pursue justice against Nigerian authorities, alleging rights violations amidst a broader crackdown on crypto exchanges. The postponement of the case signals a prolonged legal battle ahead.
Cheng YuanAlthough the Nigerian government took action to block access to other cryptocurrency platforms, only Binance appears to have been attacked.
JinseFinanceThe interim order follows reports that Nigeria wants Binance to provide information on the country's top 100 users and all transaction history for the past six months.
JinseFinanceA Nigerian court has ordered Binance to provide comprehensive trading data to Nigeria’s EFCC. This action follows concerns over the crypto industry's role in capital outflows and the weakening of the Nigerian naira. Nigerian authorities have detained Binance executives and proposed increased registration fees for crypto firms.
Cheng YuanNigerian authorities detain Binance executives Tigran Gambaryan and Nadeem Anjarwalla amid a dispute, families express concern over their well-being.
AlexNigeria seeks $10 billion from Binance for alleged illegal transactions, contributing to Naira's fall and economic strain, as the country tightens grip on cryptocurrency exchanges.
AlexNigeria cracks down on crypto exchanges amid manipulation concerns, impacting Binance globally.
Huang BoBinance CEO Changpeng Zhao has taken to Twitter to deny any association with Binance Nigeria Limited which has been mistaken as part of the exchange.
BitcoinistIn a significant move, Nigeria's market regulator has issued a directive to suspend the operations of Binance, the largest cryptocurrency exchange globally, within the country.
Bitcoinist
Beincrypto