In a statement addressed to the Nigerian community, published on Sunday, Mr Zhao said 281 Nigerian cryptocurrency accounts were affected by these proactive measures.
Mr Zhao emphasised that the Nigerian community is one that brings great pride, adding that since the inception of Binance, Nigeria and Africa at large have been “very special markets to us and for crypto.vent their anger and grievancesMany users of the platform, especially Nigerians and other Africans, last Wednesday alleged that they had been deprived of access to their wallets without significant reasons.
“On hearing the concerns raised by the community, I decided to write to re-emphasize our commitment to you,” Mr Zhao said in his statement Sunday. He said: “We love and are devoted to our Nigerian community, but we must ensure that our users are safe. As such, protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented.According to the statement, Mr Zhao said regardless of the bitter experiences, “we owe it to you, our users, to deliver the experience you deserve.
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