Posted 3/18/2024, 1:07:40 PM
Binance Ordered to Share Nigerian User Data with Authorities Amid Money Laundering and Terrorism Financing Probe
- Court orders Binance to provide EFCC with data on all Nigerian users trading on its platform
- EFCC investigating money laundering and terrorism financing allegations against Binance
- Binance trading volume from Nigeria in 2023 was $21.6 billion
- EFCC requested data to help complete investigation into market manipulation and Naira losing value
- Binance executives arrested and website banned in Nigeria amid investigations
