{"id":17803,"date":"2025-02-19T16:37:18","date_gmt":"2025-02-19T15:37:18","guid":{"rendered":"http:\/\/costops.com\/index.php\/2025\/02\/19\/nigeria-sues-crypto-giant-binance-for-81-5bn-in-economic-losses-and-back-tax\/"},"modified":"2025-02-19T16:37:18","modified_gmt":"2025-02-19T15:37:18","slug":"nigeria-sues-crypto-giant-binance-for-81-5bn-in-economic-losses-and-back-tax","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/02\/19\/nigeria-sues-crypto-giant-binance-for-81-5bn-in-economic-losses-and-back-tax\/","title":{"rendered":"Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax"},"content":{"rendered":"

Authorities blame crypto exchange, already facing four counts of tax evasion in the country, for currency woes<\/p>\n

Nigeria<\/a> has filed a lawsuit seeking to compel Binance<\/a> to pay $79.5bn for economic losses the country\u2019s government says were caused by the cryptocurrency<\/a> exchange\u2019s operations there and $2bn in back taxes, court documents showed on Wednesday.<\/p>\n

Authorities blame Binance, the world\u2019s largest crypto exchange, for Nigeria\u2019s currency woes and detained two of its executives in 2024 after crypto websites emerged as platforms of choice for trading the local naira currency.<\/p>\n

Continue reading…<\/a>
\nAuthorities blame crypto exchange, already facing four counts of tax evasion in the country, for currency woes
\nNigeria has filed a lawsuit seeking to compel Binance to pay $79.5bn for economic losses the country\u2019s government says were caused by the cryptocurrency exchange\u2019s operations there and $2bn in back taxes, court documents showed on Wednesday.
\nAuthorities blame Binance, the world\u2019s largest crypto exchange, for Nigeria\u2019s currency woes and detained two of its executives in 2024 after crypto websites emerged as platforms of choice for trading the local naira currency. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities blame crypto exchange, already facing four counts of tax evasion in the country, for currency woes Nigeria has filed a lawsuit seeking to compel Binance to pay $79.5bn for economic losses the country\u2019s government says were caused by the cryptocurrency exchange\u2019s operations there and $2bn in back taxes, court documents showed on Wednesday. Authorities …<\/p>\n

Nigeria sues crypto giant Binance for $81.5bn in economic losses and back tax<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":17804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17803"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=17803"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/17803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/17804"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=17803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=17803"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=17803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}