The Federal Government has approached the Federal High Court in Abuja to compel the cryptocurrency exchange company, Binance Holdings Limited, to pay $79.51 billion and ₦231 million for alleged economic losses caused by its operations in Nigeria.
In the lawsuit, Binance and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, are accused of contravening Nigerian laws, including failing to register with FIRS for tax compliance and allegedly causing economic losses to the country during the review period.
PunchMy contri people I strongly believe say this law suits dey come as a result of the accusations wey Tigran Gambaryan been accuse the federal govt for trying to force him to pay a bribe of $150 million. Looks like the govt is fighting back and want to deal with him for bringing out the bribery matter to the public
This is Nigeria anything can happen, Nigeria government can do anything to cover their corruption and bribery. It is very obvious that our government is always against anything that help to build and sustain the youth in our dear country. But nevertheless this is always a way out.