The CEO of cryptocurrency exchange Binance, Richard Teng said Nigeria has set a dangerous precedent after its executives were invited to the African country and detained as part of a crackdown on crypto.
The Binance CEO, Teng stated this in a statement on Tuesday, in a his strongest comments yet since the case started in February.
Teng said it was time to speak out against the detention of Tigran Gambaryan, a U.S. citizen and Binance head of financial crime compliance. Teng said Binance executives first held meetings with Nigerian authorities in the country in January.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance collaborating with Nigeria to resolve official’s detention — CEOThe CEO of cryptocurrency exchange, Binance, Richard Teng, yesterday said that the company is working very closely with Nigerian authorities following the detention of the company’s Head of Financial Crime Compliance.
Read more »
Binance CEO indicts Tinubu’s govt, says FG officials sought secret crypto settlementA Trusted Nigerian Newspaper
Read more »
New Binance CEO Expresses Commitment To Regulatory ComplianceThe new CEO of the world's top crypto platform stressed the importance of regulatory compliance for Binance's future success, months after its former chief executive pleaded guilty to violating US anti-money laundering laws and it paid $4.3 billion to settle charges.
Read more »
Binance executive will be extradited to Nigeria for prosecution — InterpolInterpol said plans are underway to extradite Binance regional manager for Africa, Nadeem Anjarwalla to Nigeria for prosecution.
Read more »
Binance begins move to secure release of detained executive in NigeriaA Trusted Nigerian Newspaper
Read more »
Binance working closely with Nigeria over detained executiveBinance is working very closely with the Nigerian government over its detained executive, according to the CEO, Richard Teng
Read more »