Nigeria Hits Binance With $81 Billion Lawsuit Alleging Economic Damages And Unpaid Taxes
Posted On February 20, 2025
Nigeria launched a legal battle against the world’s largest cryptocurrency exchange Binance (CRYPTO: BNB) on Wednesday, demanding $81.5 billion in compensation for purported economic damages and unpaid taxes.
What Happened: Nigerian authorities are blaming Binance for the country’s currency issues, Reuters reported, citing court documents. The lawsuit is seeking a court order for Binance to pay corporate income …
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