Posted 3/12/2024, 8:05:19 PM
Nigeria Demands Binance User Data, Detains Executives Amid Crypto Crackdown
- Nigeria is seeking information from Binance on its top 100 users and transactions over the past 6 months amid a crypto crackdown
- Two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, have been detained in Nigeria for over two weeks
- Gambaryan and Anjarwalla had their passports confiscated and are being held at a government facility in Abuja
- Nigeria has accused Binance of illegal operations, tax evasion, and facilitating $26 billion in illicit flows
- After halting naira services, Binance is now being asked to provide information on its top Nigerian users and address tax liabilities