‘Bullcrap’: Tinubu’s aide reacts to Binance’s claim of demand for bribery

An aide to Nigeria n President Bola Tinubu has debunked claims that the country's officials demanded bribery from Binance . The CEO of the cryptocurrency giant Richard Teng claimed in a blog post on Binance 's website that its officials relayed the demanded through its Nigeria n lawyers. READ ALSO: Binance claims Nigeria n officials demanded secret crypto payment "Any…

The CEO of the cryptocurrency giant Richard Teng claimed in a blog post on Binance’s website that its officials relayed the demanded through its Nigerian lawyers.“Any Nigerian who believes they are a patriot and believes this bullcrap should check themselves,” Tinubu’s aide on social media Dada Olusegun said on X.“We, of course, declined the payment demand via our counsel, not viewing it to be a legitimate settlement offer,” he wrote.

The Central Bank of Nigeria has listed 16 banking transactions exempted from the cybersecurity levy. CBN in a circular on Monday, May 6, 2024, directed banks to implement a 0.5% cybersecurity levy on transactions after two weeks. According to the circular signed by the Director, Payments System Management Department, Chibuzo Efobi and the Director,…

The CEO of cryptocurrency giant Binance, Tuesday, claimed that some agents of Nigerian officials demanded secret payment to make its problems "go away". Richard Teng, who took over from founder and former CEO Changpeng Zhao, said in a blog on Binance's website that the request was made through a local law firm it hired. "Counsel…

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