Binance CEO Richard Teng has firmly responded to allegations from the Nigerian government regarding the company’s operations. The legal battle includes charges of money laundering and tax evasion against Binance and two executives, Nadeem Arjarwalla and Tigran Gambaryan. The case hearing, initially planned for October 11, has been postponed.
Richard Teng, along with Binance, strongly denies the $26 billion revenue claim. This lawsuit puts Binance’s business practices under scrutiny and presents significant implications for its operations in Nigeria.
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