Richard Teng, Binance’s chief executive officer (CEO), on Tuesday, in a blog post, claimed that some unknown persons in Nigeria have demanded huge payments in digital currency to make their problems in the country “go away”. The Informant247 had earlier reported how the federal government detained two top executives of Binance as part of a…
Fleeing Binance executive Nadeem Anjarwalla has been arrested by Kenya Service as the International Criminal Police Organisation moves to extradite him to Nigeria within the week According to PUNCH, the government sources familiar with the case who spoke anonymously because they were not authorised to talk about the matter confirmed the development to our correspondent…
Tigran Gambaryan, the detained Binance executive, has sued the National Security Adviser (NSA) Nuhu Ribadu and the Economic Financial Crimes Commission (EFCC) over the alleged violation of his fundamental rights. According to reports, Gambaryan, in the originating motion dated and filed March 18 by his lawyer, Olujoke Aliyu, from Aluko and Oyebode Law Firm, sought…
Nadeem Anjarwalla, one of the two Binance executives arrested and detained in Nigeria for alleged tax evasion and other offences, has reportedly escaped from custody. The Informant247 reports that the Federal Government had, in February, detained the two senior executives of Binance amidst efforts by the government to rein in speculation on the naira by…
Binance, a Cryptocurrency trading platform, on Tuesday, indicated the platform’s plan to discontinue its services in Nigeria while asking Nigerians trading on its exchange to withdraw all their naira assets. The Informant247 reports that the Federal Government had cracked down on Binance executives to tackle the high level of instability. On Tuesday, it removed all…
The arrest of the Chief Executive Officer of Binance Holding Ltd has been recommended by the House of Representatives Committee on Financial Crimes over alleged tax invasion and money laundering in Nigeria. The recommendation followed a motion by Rep. Isah Dogonyaro (APC- Jigawa state) at a public hearing on Monday in Abuja. The Informant247 gathered…
Cristiano Ronaldo is facing a class-action lawsuit worth more than 1 billion dollars in US courts by those affected by the Binance crypto currency platform. Binance is regarded as the world’s biggest crypto exchange. According to the lawsuit which was filed on Tuesday in a Florida court, Ronaldo was said to have “promoted, assisted in,…
