Binance

25 days in detention: Binance execs still held in Nigeria

Despite a court hearing not extending their detention, two Binance employees remain held in Nigeria after 25 days.

Nigeria demands top 100 users' data from Binance

Following accusations by Nigeria's central bank that Binance processed $26 billion in mostly unidentifiable transactions, local authorities are now seeking data on the platform's top 100 users in the country.

Detained Binance executives in Nigeria identified after two weeks

The two Binance executives detained by the Nigerian government have been identified as Tigran Gambaryan, who leads their criminal investigations team, and Nadeem Anjarwalla, the company's regional manager for Africa.

Embattled Binance halts Nigerian Naira transactions

Amidst heightened regulatory scrutiny, Binance is permanently stopping Nigerian Naira deposits and withdrawals. This move comes into effect today for deposits and March 8, 2024 for withdrawals.

BD Insider 223: Nigeria backtracks: $10 billion Binance fine "misquoted"

Nigeria slaps Binance with $10 billion fine in crypto crackdown

Days after arresting two executives, Nigerian authorities cranked up the pressure on Binance by imposing a $10 billion fine.

Binance executives held in Nigeria amid probe into alleged market manipulation

Nigerian authorities have detained two unidentified executives from cryptocurrency exchange Binance as part of a market manipulation investigation. In response, Binance has halted trading of the Nigerian naira (NGN) against Bitcoin (BTC) and Tether (USDT) on its platform