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Published 1 month ago

Binance: Nigeria orders cryptocurrency firm to pay $10bn

  • Binance disputes reports of negotiating a $10 billion fine with the Nigerian government and aims to restore services soon.
  • Two Binance officials were detained in Nigeria, sparking further investigations into crypto exchanges.
  • The Nigerian government accuses Binance of causing economic disruption and plans to impose heavy fines, though no final amount has been determined yet.
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