Nigeria vs Binance: Lawmaker Denies $140M Bribery Claim

The House of Representatives Committee on Financial Crimes Chairman, Ginger Onwusibe, vehemently denied Binance’s recent claim that Nigerian authorities solicited a $140 million bribe. In a press conference, Onwusibe dismissed the allegation as a bald-faced attempt at blackmail, accusing the cryptocurrency exchange of trying to obscure the facts. The arrest of two Binance executives in […]

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Nigeria vs Binance: Lawmaker Denies $140M Bribery Claim

  • Nigeria’s Financial Crimes Committee Chairman Ginger Onwusibe dismisses Binance’s $140 million bribery claims
  • Onwusibe refutes the claims, calling them false, fabricated, and an attempt to blackmail
  • The Committee Chairman adds that Binance’s alleged criminal act is a global issue

The House of Representatives Committee on Financial Crimes Chairman, Ginger Onwusibe, vehemently denied Binance’s recent claim that Nigerian authorities solicited a $140 million bribe. In a press conference, Onwusibe dismissed the allegation as a bald-faced attempt at blackmail, accusing the cryptocurrency exchange of trying to obscure the facts.

The arrest of two Binance executives in February 2024, Tigran Gambaryan and Nadeem Anjarwalla, on suspicion of involvement in a $26 billion illicit fund transaction, sparked a significant controversy. The executives were detained and had their passports seized, but they subsequently filed lawsuits against Nigerian authorities, alleging violations of their fundamental rights.

Further flaming tensions, Binance CEO Richard Teng recently made a serious allegation against Nigeria, claiming that officials demanded a bribe of $140 million …

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