
Two Binance executives, one American and the other British, are currently detained in Nigeria as the country seeks to impose a $10 billion fine on the cryptocurrency exchange. This situation has escalated as the Nigerian Federal High Court has ordered Binance to release details of all Nigerian users to the country's anti-corruption agency amidst a worsening crisis. Additionally, Binance is reportedly tightening its compliance measures by requesting prime brokers to conduct more stringent checks to prevent US investors from accessing its crypto exchange.
Binance has asked prime brokers to run more stringent checks to keep US investors off its crypto exchange, sources say https://t.co/cZMLLqBY9c
Binance has asked prime brokers to run more stringent checks to keep US investors off its crypto exchange, sources say https://t.co/T3OSQIGn8P
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