FTX has issued a warning that only Galaxy Asset Management is authorized for asset sales, highlighting concerns over unauthorized bids and low pricing for crypto claims. This comes amid broader issues in the cryptocurrency industry, including allegations against Binance for malpractices threatening the Nigerian economy, as stated by a Presidential adviser. The situation has escalated with Binance's CEO being summoned by a Nigerian committee amid financial crime allegations, and the exchange facing repercussions for the Naira's depreciation against major currencies. Additionally, there's controversy over the Nigerian government's alleged request for a $10B fine from Binance, which the exchange denies, further complicating the relationship between the cryptocurrency exchange and Nigerian authorities.