Tigran Gambaryan, an American citizen and Binance's head of financial crime compliance, attends a court hearing at the federal High Courts, in Abuja, Nigeria, Thursday, April 4, 2024.

Nigeria’s blaming Binance for some of it, saying the platform became the go-to place for people trading naira when they couldn’t get their hands on U.S. dollars.

Authorities have blamed Binance for contributing to Nigeria’s currency challenges and detained two Binance executives in 2024, following claims that the platform facilitated trading of the naira.

Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5 billion for economic losses it says were caused by its operations in the country and $2 billion in back ...

The Binance logo [Dado Ruvic/Illustration/Reuters] Published On 25 Mar 2024 25 Mar 2024. An executive of cryptocurrency exchange Binance has escaped custody in Nigeria, ...

In the suit filed in February, Nigeria said it wants Binance to pay $79.5 billion for economic losses it says were caused by Binance’s operations in the country, as well as $2 billion in back taxes.

While several Binance users in Nigeria reported difficulties accessing the site in the early hours of Thursday, it appears that the directive to restrict access has been temporarily halted, as ...

In Nigeria, an American man is caught up in a dispute between the government and the crypto currency exchange Binance. Some lawmakers say that Nigeria is effectively holding him hostage.

Two executives from Binance, the world's largest cryptocurrency exchange, will remain in detention for at least two more weeks in Nigeria after appearing in court for the first time on Wednesday ...

Binance and its executives have strongly pushed back against Nigeria’s allegations. Gambaryan, Binance’s head of financial crime compliance, accused Nigerian lawmakers of demanding a $150m bribe to ...

Binance Holdings Ltd.’s head of financial crime compliance, Tigran Gambaryan, who was detained last year in Nigeria for about eight months, is leaving the world’s largest crypto exchange.