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How Nigerian official requested $150m bribe from Binance

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Nigerian government reportedly demanded $150 million in cryptocurrency bribe from Binance Limited. New York Times disclosed this on Tuesday in its report 'Behind Nigeria's Arrest of Binance Employee, Claims of a Bribe'.

Nigerian government reportedly demanded $150 million in cryptocurrency bribe from Binance Limited. New York Times disclosed this on Tuesday in its report 'Behind Nigeria's Arrest of Binance Employee, Claims of a Bribe'.

' Meanwhile, in March, the House of Representatives ordered the arrest of Binance's founder, Changpeng Zhao, over their refusal to honour the invitation in person. Recall that the Nigerian government and Binance had been at loggerheads after Olayemi Cardoso, the Central of Nigeria Governor, said $26 billion was funnelled through Binance without a trace. The Nigerian government later restricted the operation of Binance and other cryptocurrency platforms.

 

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