Binance

FG Demands $81bn from Binance for Alleged Tax Evasion

olatunde jomiloju4 weeks ago4 weeks ago02 mins

The Federal Government has approached the Federal High Court in Abuja to compel the cryptocurrency exchange company, Binance Holdings Limited, to pay $79.51bn and N231m for alleged economic losses caused by its operations in Nigeria. The Federal Inland Revenue Service, which is the plaintiff in the suit marked FHC/ABJ/CS/1444/2024, is also seeking payment of $2bn…

Binance: FG refutes Gambaryan’s False Allegations, says irm offered $5m Payment

olatunde jomiloju1 month ago1 month ago02 mins

The Federal Government of Nigeria has dismissed bribery allegations by Tigran Gambaryan, an executive of Binance Holdings Limited, as false and unsubstantiated. Gambaryan recounted his experiences in the hands of the Nigerian government and some lawmakers. Gambaryan claimed three lawmakers, including Peter Akpanke and Philip Agbese, demanded a $150 million bribe in cryptocurrency payment into…