Binance CEO Richard Teng Refutes $26B Revenue Claim In Nigeria Lawsuit

Quick Summary:

The ongoing legal battle has seen Binance and two of its executives, Nadeem Arjarwalla and Tigran Gambaryan, face charges of money laundering and tax evasion.

Binance CEO Richard Teng has issued a powerful response to the Nigerian government’s allegations regarding the company’s operations in the country.

Teng, however, firmly denied this accusation ahead of the September 2 hearing in Binance vs.Nigeria lawsuit.

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Article Details

Author / Journalist: Kritika Mehta

Category: Crypto

Markets: IndiaNigerNigeria

Topics: Regulation News 24/7 Cryptocurrency News Binance lawsuit Binance Richard Teng Binance Nigeria

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-27 @ 11:35:59 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 671 words

Reading Time: 4 minutes read

Sentences: 42 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22280208

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Main Topics: Crypto

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