Nigeria is angry with Binance, a big cryptocurrency company! They think Binance caused problems with Nigeria's money and didn't pay enough taxes. It's a big legal battle.
- Nigeria sued Binance for a huge amount of money: $79.5 billion for losses and $2 billion in back taxes.
- The lawsuit says Binance didn't pay taxes fairly.
- Binance is fighting back and says they're working on the tax issue.
- This is related to a government crackdown on crypto in Nigeria.
| Issue | Amount |
|---|---|
| Economic Losses | $79.5 billion |
| Back Taxes | $2 billion |
This shows how important paying taxes is and that even big companies like Binance can face legal trouble.
