The Nation Newspaper BREAKING: FG charges Binance with tax evasion, others
The lawsuit, filed at the Federal High Court in Abuja under case number FHC/ABJ/CR/115/2024, accuses Binance of four separate tax offenses.
According to the FIRS: “The Federal Government also accused Binance of failure to register with FIRS for tax purposes and contravening existing tax regulations within the country. The FIRS emphasised its commitment to enforcing tax regulations and tackling financial misconduct within the cryptocurrency sector.
The lawsuit comes after Binance pleaded guilty to violating anti-money laundering laws in the United States in late 2023. This lawsuit represents a major development in regulating cryptocurrency activities in Nigeria.
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