Nigerian court orders Binance to provide EFCC with user data amid allegations of criminal activity. Crypto market manipulation and Naira devaluation cited.
In the motion, the lawyer representing the anti-graft agency contended that Binance’s activities in Nigeria contain elements of criminality.
In the motion, the lawyer representing the anti-graft agency, Ekele Iheanacho, contended that Binance’s activities in Nigeria contain elements of criminality. In an affidavit, EFCC operative Hamma Bello stated the need for the Commission to conclude its ongoing probe after receiving intelligence on alleged money laundering and terrorism financing involving the Binance crypto exchange platform.
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