Binance CEO Vows Cooperation With Nigerian Authorities In $35M Money Laundering Case
Summary
Binance CEO confirmed cooperation with Nigerian authorities after the detention of its financial crime compliance head, facing accusations of laundering $35 million. Another official fled to Kenya but was located by Nigerian and international law enforcement agencies for extradition. Binance executives also face tax evasion charges. The company's operations in Nigeria and beyond are under scrutiny as legal proceedings continue. BNB token is trading at $556, up 1% in the past 24 hours.
