Binance Executive Escapes Nigerian Custody Amid Tax Charges

1 min read
Source: Bloomberg
Binance Executive Escapes Nigerian Custody Amid Tax Charges
Photo: Bloomberg
TL;DR

Nigeria has charged Binance and two executives with tax evasion and detained one of the executives, while stating that the other has fled the country. The charges include non-payment of value-added tax and company income tax, failure to file tax returns, and complicity in aiding customers to evade taxes through the platform.

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