Binance (Nikhilesh De/CoinDesk)

Binance Is Having an Odd Time

Summary

Binance executives have faced detention in Nigeria, with one escaping custody. The company has also encountered regulatory crackdowns in Russia and the Philippines. The U.S. and U.K. governments are aware of the detentions. Nigeria charged Binance, Gambaryan, and Anjarwalla with tax evasion after initially detaining them without charges. The situation remains ongoing.