Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

Earlier this year, the Bank of Nigeria Governor Olayemi Cardoso said crypto exchange Binance had allowed $26 billion of funds to leave the country untraceably last year, hitting tax revenues. That kicked off a series of events that resulted in the detention of Tigran Gambaryan, a U.S. citizen and a Binance official, who had been invited to the country for talks about the dispute.