Earlier this year, the Bank of Nigeria Governor Olayemi Cardoso said crypto exchange Binance had allowed $26 billion of funds to leave the country untraceably last year, hitting tax revenues. That kicked off a series of events that resulted in the detention of Tigran Gambaryan, a U.S. citizen and a Binance official, who had been invited to the country for talks about the dispute.
Source: https://www.coindesk.com/policy/2024/08/16/nigeria-court-freezes-38m-of-crypto-allegedly-sent-to-support-protests-in-the-country-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines