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Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters

Decrypt LogoDecrypt2d ago

Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters - Decrypt

Quick Summary:

Nigerian officials are seeking billions of dollars in damages after Binance allegedly hurt their country’s economy and failed to pay its taxes.

Neither Binance nor Nigerian authorities immediately replied to Decrypt's request for comment on the lawsuit.

Separately, Binance and some of its personnel fielded money laundering accusations in Nigeria that same year.

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Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters - Decrypt (Picture 1)

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Article Details

Author / Journalist: Liz Napolitano

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 22:06:56 (2 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

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

Copyright Owner: © Decrypt

News ID: 26281266

View Article Analysis

About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Year Established: 2018

Headquarters: Estonia

News Last Updated: 1 days ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

Publisher Details

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The story "Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters" has 484 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Nigeria Sues Crypto Exchange Binance for $81.5 Billion Following Hostage Crisis: Reuters" was covered 2 days ago by Decrypt, a news publisher based in Estonia.

How trustworthy is 'Decrypt' news outlet?

Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

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  • News ID: #26281266
  • URL: https://beamstart.com/news/nigeria-sues-crypto-exchange-binance-1740003268869

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