Nigeria

Nigerian Court Frees Binance Executive Held Since February Amid Controversy

2 months ago

In a significant turn of events, a Nigerian court has ordered the release of a Binance executive who had been detained since February under charges connected to a broader crackdown on cryptocurrency activities in the country. This decision has sparked discussions around regulatory practices and the state of the cryptocurrency market in Nigeria, which has seen heightened scrutiny in recent months.

Nigeria Takes Action Against Musk’s Starlink Over Unauthorized Price Increase

2 months ago

The Nigerian government has announced its intention to impose sanctions on Starlink, the satellite internet service owned by Elon Musk’s SpaceX, following allegations of an unauthorized price hike. This development signifies a growing tension between the Nigerian authorities and the telecommunications company, which has recently expanded its services in the West African country.

Binance’s Tigran Gambaryan in Nigerian Jail, Charged with Money Laundering

3 months ago

In a shocking turn of events, Tigran Gambaryan, a high-ranking executive at the world’s largest cryptocurrency exchange, Binance, has been apprehended and is currently detained in Nigeria. Authorities have charged Gambaryan with money laundering and conspiracy, sending ripples through the cryptocurrency community.