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Bitcoin.com News|Feb 19, 2025 22:41
Major legal showdown in Nigeria! 🇳🇬 The government has filed a lawsuit against Binance, seeking a staggering 79.5 billion for "economic losses" and 2 billion in back taxes!
Accusations include operating without a license and failing to comply with tax laws, following claims that Binance contributed to the local currency's sharp depreciation. 📉💔
Despite dropping earlier tax evasion charges, the Federal Inland Revenue Service is back, demanding income taxes for 2022 and 2023, plus hefty penalties!
Tensions are high, especially after allegations of bribery involving Binance executives and lawmakers. What’s your take on this escalating conflict? Let’s discuss!
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