FG detains two Binance executives –ReportTwo senior executives of Binance were allegedly to have been detained by the federal government. The executive officers flew to Nigeria after Binance website was taken down by the NCC in a way Nigeria can not be able to access the website. Although, the site is still accessible through the mobile app.
The federal government are demanding to see a list of Binance Nigerian users since the exchange inception, a person familiar with the matter said.
Demanding for the list of binance Nigerian users is unjustifiable in this course by the Nigeria federal government in their bid fighting to stabilize the naira value.
What do they want to use the list of names for?
There's every tendency that at the release of such data from binance into their hands many users will be victimize and unlawful suppressed through the use of government power based on what size of money they have starched in cryptocurrency or stable coin.
There are other legal ways they the government can go about their case with binance and this one isn't one prudent way among many.