Is Nigeria Strong-Arming Binance?
Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria’s legal battle with Binance.
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Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria’s legal battle with Binance.
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Binance’s fairly new boss Richard Teng has said Bitcoin (BTC) will exceed his previous expectations of hitting the $80,000 mark by the end of this year, according to Bloomberg.
The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.
Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.”
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities.
The cryptocurrency market works in cycles, usually dominated by one or two leading narratives to gain protagonism. As a new … Continue reading
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A Friday ruling doesn’t make any declaration on whether the tokens at the heart of a lawsuit against Binance are securities, but it may give investors a chance to argue that they are.
Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday’s action.