BREAKING: FG Slams $10 Billion Fine On Binance Amid Crackdown On The Crypto Exchange

Date: 01-03-2024 4:34 pm (1 month ago) | Author: onuigbo felicia
- at 1-03-2024 04:34 PM (1 month ago)
Online (f)

The Nigerian government is demanding at least $10 billion as retribution from Binance amid crackdown on the crypto exchange platform in desperate moves to salvage the value of the nation’s local currency.

Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, made this known Friday morning in an interview with the BBC.

Binance profited substantially from its “illegal transactions” in Nigeria while the nation suffered huge losses, Mr Onanuga said during the interview,

Posted: at 1-03-2024 04:34 PM (1 month ago) | Addicted Hero
- nikiniki at 1-03-2024 07:11 PM (1 month ago)
(f)
but binance said it was a lie and that it won't pay any ransom. that means that, binance implied that the nation want to strangulate her biz to squeeze money out of her. Was the current cbn gov not at cbn when binance was flourishing? would binance exch naira for crypto at a rate lower than the prevailing rate? The only thing that I saw is, it is an avenue to slush stolen cash abroad and even at that, it is still the responsibility of the cbn to report high threshold to SFU through the banks binance works wiith.
Posted: at 1-03-2024 07:11 PM (1 month ago) | Gistmaniac
Reply
- fineboy77 at 1-03-2024 07:21 PM (1 month ago)
Online (m)
Good. Anything to fix the naira.

Posted: at 1-03-2024 07:21 PM (1 month ago) | Addicted Hero
Reply
- kp45 at 1-03-2024 10:13 PM (1 month ago)
Online (m)
These leaders are dreamer.
Posted: at 1-03-2024 10:13 PM (1 month ago) | Addicted Hero
Reply
- gogoman at 1-03-2024 11:23 PM (1 month ago)
Online (m)
APEX!!!!!!!!!!!!!!!!!
Posted: at 1-03-2024 11:23 PM (1 month ago) | Grande Master
Reply
- johnrock123 at 21-03-2024 03:39 AM (1 month ago)
(m)
While browsing intricate monetary and also regulative concerns like the Nigerian federal government's suppression on Binance needs cautious behaviour administration trainees can locate useful support with solutions providing behavior management assignment help service. These solutions offer experienced understandings plus techniques to successfully evaluate real-world scenarios recognize inspirations behind activities along with create options that stabilize several riskholder rate of interests-- abilities important for success in different expert domain names.
Posted: at 21-03-2024 03:39 AM (1 month ago) | Newbie
Reply