The post Binance Ordered To Give Away All Nigerians Trading on its Platform: Nigerian Court Orders appeared first on Coinpedia Fintech News
After an earlier report of Nigeria asking Binance to hand over the information regarding its top 100 users in the country and its six-month transaction history, Binance has now been ordered to provide Nigeria’s Economic and Financial Crimes Commission (EFCC) with comprehensive information from the nation trading on its platform, according to a report. Nigeria has taken action against the crypto unit for facilitating illegal capital outflows, which led to the Nigerian naira weakening to record lows against the dollar. Binance was then charged $10 billion in penalties for enabling $26 billion of untraceable funds with the detention of two senior execs.