Tag: Nigeria Sues Binance

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Nigeria Sues Binance for $79.5B in Economic Losses and $2B in Unpaid Taxes

In a landmark legal move, Nigeria has filed a lawsuit against global cryptocurrency exchange Binance, seeking $79.5 billion in damages for alleged economic losses and $2 billion in unpaid taxes The case, filed at the Federal High Court in Abuja, accuses Binance of tax evasion, currency manipulation, and contributing to the instability of Nigeria’s local currency, the naira. Economic Instability…

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