Big news about Binance, a cryptocurrency company! Nigeria is suing Binance for a lot of money. This is because they say Binance didn't pay taxes and broke some rules.
- Nigeria wants Binance to pay a huge fine – $79.5 billion!
- They also want Binance to pay $2 billion in back taxes.
- This is part of a bigger fight between Nigeria and Binance that started in 2024.
- Two Binance employees were arrested but one escaped and the other was released.
| Fact | Number |
|---|---|
| Fine requested by Nigeria | $79.5 Billion |
| Back taxes requested | $2 Billion |
| Years Binance allegedly operated without license | 6+ years |
