Since the Federal government has succeeded in shutting down Binance I trust users will switched into using other P2P exchange platforms to run their transactions.
“In the last four years, more than $26 billion have been funnelled through Binance without trace.”
How did Federal government know that more than $26 billion has been funneled through P2P without a trace and yet they kept quiet all this while and they're just waking up now, insane.
The federal government did not shut down Binance, as they have not said, but rather binance is up and working
and the only issue is that Binance should give them a list and details of Nigerians domiciled with them for further investigations.
I don't mean the Binance platforms itself generally but the Binance Nigeria P2P platform side, because their actions recently caused the Binance P2P to shutdown few days ago citing it was part of the reason why the dollar is highly appreciating over the naira, secondly why would they go extent arresting two Binance executives in Nigeria? I wonder if Binance P2P platform now controls the Nigerian exchange market.