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Techpoint Africa - Feb 19, 2025
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Nigeria sues Binance for $81.5bn, 30% over the exchange's valuation
Nigeria's FIRS has filed a lawsuit against Binance for $81.5 billion, including $79.5 billion for economic losses and $2 billion in back taxes. The lawsuit alleges that Binance operated without proper registration and failed to comply with Nigerian tax laws.
BinanceFederal Inland Revenue ServiceJimada Mohammed YusufCentral Bank of NigeriaNigerian Anti-Corruption Agency
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