Nigeria government fined Binance $10B over illegal transaction

[Tribalchief]

https://twitter.com/WatcherGuru/status/1763549218394791958?t=hStBRb90vUadOpdHSVJu1A&s=19

An administration that couldn't even give a tangible manifesto before forcing way into power.
An administration that believes that the masses must suffer before they can enjoy.
An admiration that can't address the general issue of NLC, but still finds a way of shutting their mouths.

My people, abeg watin this our president see for task?. He clearly has no solution for us but insist on tasking the living and nonliving. After seeing this news, I literally became confused as I found it difficult to comprehend. What does the government mean by illegal transaction when Binance was never ban in the first place.
If I remembered correctly, they stopped banks from participating in any form of crypto transaction few years back, so why on earth are they demanding for what is not theirs.

$10B dollars. There is no way Binance is paying a penny to old men with zero plans for a nation.

Abeg, Incase u know how the illegal transaction take come about, try drop am for the comment section.

[Gideon99]

https://twitter.com/WatcherGuru/status/1763549218394791958?t=hStBRb90vUadOpdHSVJu1A&s=19

An administration that couldn't even give a tangible manifesto before forcing way into power.
An administration that believes that the masses must suffer before they can enjoy.
An admiration that can't address the general issue of NLC, but still finds a way of shutting their mouths.

My people, abeg watin this our president see for task?. He clearly has no solution for us but insist on tasking the living and nonliving. After seeing this news, I literally became confused as I found it difficult to comprehend. What does the government mean by illegal transaction when Binance was never ban in the first place.
If I remembered correctly, they stopped banks from participating in any form of crypto transaction few years back, so why on earth are they demanding for what is not theirs.

$10B dollars. There is no way Binance is paying a penny to old men with zero plans for a nation.

Abeg, Incase u know how the illegal transaction take come about, try drop am for the comment section.

 It's impossible to eliminate the risk of illegal activity on binance. Binance uses a combination technology to detect human and prevent illegal transactions. However there are always new ways for the scammers to try to evade detection, and constantly updating their systems to stay ahead of curves. The main area where binance is working to prevent illegal activities is through customer (KYC) and anti-money laundering programs. Binance always request all it users to complete KYC before they can use the platform. Do you think binance is not doing enough to protect illegal transactions?