Former US Federal Agent Tigran Gambaryan Marks 6 Months in Nigerian Detention

August 27, 2024 Bitcoin.com

Binance

Tigran Gambaryan, a former U.S. federal agent and Binance executive, has now spent six months in Nigerian detention. Lawyers say he has been denied proper medical care, leading to severe health issues, including a herniated disc that has left him unable to walk. Additionally, his lawyers said that between July 26 and August 14, they […]

Kernel Secures Binance Labs Funding To Redefine Restaking on BNB Chain

Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’

May 8, 2024 Bitcoin.com

Africa

Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous precedent for companies worldwide.” Teng stated that certain lawmakers in Nigeria demanded a significant payment in cryptocurrency to dismiss the charges against Binance. Binance CEO Laments ‘Spurious’ Charges Against Tigran […]

Kernel Secures Binance Labs Funding To Redefine Restaking on BNB Chain

Report: Nigerian Government Imposes $10 Billion Fine on Binance

March 2, 2024 Bitcoin.com

Report: Nigerian Government Imposes Billion Fine on Binance

Africa

The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on the Exchange Rate The Nigerian government is reportedly demanding a $10 billion fine from the crypto […]

Kernel Secures Binance Labs Funding To Redefine Restaking on BNB Chain

Nigerian Presidential Adviser Assails Binance, Calls for Measures Against the Crypto Exchange

March 2, 2024 Bitcoin.com

Africa

Bayo Onanuga, a special adviser to the Nigerian president, has leveled accusations against Binance, blaming it for exacerbating the local currency’s depreciation against major currencies. Onanuga called for immediate action against Binance, warning that its activities could potentially undermine the economy. Binance, however, has refuted these allegations, attributing the naira’s depreciation to “complex factors” that […]

Nigeria Binance