| Nigeria detains global executives in war on crypto
March 14, 2024--Nigeria has declared war on leading global cryptocurrency exchanges. On 26 February it detained two top international executives of Binance after they flew in for discussions with Nigerian authorities and is still holding them against their will. Binance has since switched off access to trading naira against cryptocurrencies on its platform. |
| On 12 March, the Financial Times newspaper, reported that that "one person briefed on the situation" said the two men are being held "simply as hostages" but are being well treated. The Nigerian Government is demanding information on the top 100 users in Nigeria and all transaction history for the past six months. |