Altcoins Talks - Cryptocurrency Forum
Local => Nigerian Languages => Topic started by: Igebotz on March 21, 2024, 10:16:06 AM
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The federal high court sitting at Abuja has asked Binance to cooperate with the Nigeria Government and give data of all users to the Govemment.
What do you guys think? Will Binance defy to grant a local law request?
https://cointelegraph.com/news/nigerian-court-binance-disclose-user-data
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What do you guys think? Will Binance defy to grant a local law request?
I think Binance will have no option than to comply because the two Binance executives may not be released. Court has extended their detainment for 2 more weeks but which I see as infinite because if Binance do not release the lists of Nigeria users, they will extent the detention again is my guess. I may be wrong but we will all see the end outcome.
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What do you guys think? Will Binance defy to grant a local law request?
I think Binance will have no option than to comply because the two Binance executives may not be released. Court has extended their detainment for 2 more weeks but which I see as infinite because if Binance do not release the lists of Nigeria users, they will extent the detention again is my guess. I may be wrong but we will all see the end outcome.
If that's the case, I believe Binance will be forced to provide those records. If they refuse and prefer to try the legal route to get their personnel back, the Nigerian government will ensure that the case drags on for months.
On the other hand, what assurance does Binance have that after the list is provided to the Nigerian government, these persons will be released?
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I think Binance will have no option than to comply because the two Binance executives may not be released.
If Binance should comply and provide the list to Court won't it affect them negatively? Won't they lose the trust of most of their customers in other countries?
To me it seems like they have placed binance in a tight spot - first they have to provide the requested data for those detention to be released but if they provide it users in other countries might lose their trust in binance for sharing personal information and financial data to government.
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The federal high court sitting at Abuja has asked Binance to cooperate with the Nigeria Government and give data of all users to the Govemment.
What do you guys think? Will Binance defy to grant a local law request?
https://cointelegraph.com/news/nigerian-court-binance-disclose-user-data
For me I think, this is not a good idea if binance should provide details of It customers then binance has loss trust from all customers around the world. If binance should provide the government with user details then binance is not a trusted exchange for anyone to keep or store your crypto, let's see how this will end but I'm certainly not sure this will work. What do you think binance is planning on for this case?
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I think Binance will have no option than to comply because the two Binance executives may not be released.
If Binance should comply and provide the list to Court won't it affect them negatively? Won't they lose the trust of most of their customers in other countries?
To me it seems like they have placed binance in a tight spot - first they have to provide the requested data for those detention to be released but if they provide it users in other countries might lose their trust in binance for sharing personal information and financial data to government.
They are centralised exchange that are regulated and required to follow local laws in whichever area they operate in, hence the Nigerian government has the power to request such data if they discover that the platform is being used for money laundering or funding terrorism. But, as far as I know, no country has gone this far, with the exception of the US government, which had a money laundering case with Binance last year but weren't interested in full user data. It would be a disaster if Binance released such information; trust would be lost, and they would lose a lot of money not only in Nigeria but throughout Africa.
If you can't protect my data why should I trust you with it... I understand why they are fighting hard not to give it out.
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I think Binance will have no option than to comply because the two Binance executives may not be released.
If Binance should comply and provide the list to Court won't it affect them negatively? Won't they lose the trust of most of their customers in other countries?
To me it seems like they have placed binance in a tight spot - first they have to provide the requested data for those detention to be released but if they provide it users in other countries might lose their trust in binance for sharing personal information and financial data to government.
They are centralised exchange that are regulated and required to follow local laws in whichever area they operate in, hence the Nigerian government has the power to request such data if they discover that the platform is being used for money laundering or funding terrorism. But, as far as I know, no country has gone this far, with the exception of the US government, which had a money laundering case with Binance last year but weren't interested in full user data. It would be a disaster if Binance released such information; trust would be lost, and they would lose a lot of money not only in Nigeria but throughout Africa.
I do not think we actually know what might exactly happen, but what I will speculate is that people are people and most people are kind of foolish. People can easily be convinced or go the wrong way. If Binance release the data to EFCC or the federal government or whoever, you might first see people withdraw from Binance and later go back to use the exchange.
If you can't protect my data why should I trust you with it... I understand why they are fighting hard not to give it out.
Let us just conclude it that ones your personal information is submitted on those centralized platforms, you have no privacy pertaining the platform and where you send money to and from while using the exchange. Do not trust your information with another party but just you.
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They are centralised exchange that are regulated and required to follow local laws in whichever area they operate in, hence the Nigerian government has the power to request such data if they discover that the platform is being used for money laundering or funding terrorism. But, as far as I know, no country has gone this far, with the exception of the US government, which had a money laundering case with Binance last year but weren't interested in full user data. It would be a disaster if Binance released such information; trust would be lost, and they would lose a lot of money not only in Nigeria but throughout Africa.
If you can't protect my data why should I trust you with it... I understand why they are fighting hard not to give it out.
Exactly I have also said it before, if Binance was following the local exchange law all dis dramas would not happen but they were playing smart game and also used di ignorance of Nigerians authority to demselves. And di financial institutions dat wey supposed check all those things we just resting and never think of doing their work effectively because of corruption. And di way Nigerian government is about doing is to witch-hunt di list of users. USA na understanding country na, they would never asked if users data or information when they know dat citizens were using it to exchange cryptocurrencies. USA understand how things are work and not Nigerians government that trying to do over Sabi and over know.
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I believe binance can't release that details to the nigerian government I think it was like a kind of compliance that bind it's user and binance at large, and if that happens users don't mind to sue binance going against their contract.
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I believe binance can't release that details to the nigerian government I think it was like a kind of compliance that bind it's user and binance at large, and if that happens users don't mind to sue binance going against their contract.
Do not trust any centralized exchange with your data. According to Binance privacy notice:
We may also share personal data with the following persons or in the following circumstances:
Affiliates: Personal data that we process and collect may be transferred between Binance companies as a normal part of conducting business and offering our Services to you. See Section 1 “Binance Relationship with you” and Section 2. “What Personal Data does Binance collect and process?”.
Third parties: We employ other companies and individuals to perform functions on our behalf. Examples include analysing data, providing marketing assistance, processing payments, transmitting content, and assessing and managing credit risk. The third-party service providers only have access to personal information needed to perform their functions but may not use it for other purposes. Further, they must process the personal information in accordance with our contractual agreements and only as permitted by applicable data protection laws. In accordance with and as far as provided by applicable law, your personal data may also be shared by third parties (i.e. another data controller) upon exercising your right to data portability. Please refer to Section 10 for more information on data portability.
When you use third-party services (like when you connect your Binance account with your bank account) or websites that are linked through our Services, the providers of those services or products may receive information about you that Binance, you, or others share with them. Please note that when you use third-party services or Binance affiliate services which are not governed by this Privacy Policy, their own terms and privacy policies will govern your use of those services and products.
Legal Authorities: We may share your information with courts, law enforcement authorities, regulators, attorneys or other third parties:
(a) to comply with laws and legal obligations;
(b) for the establishment, exercise, or defence of a legal or equitable claim;
(c) to respond to law enforcement and regulatory requests, including (1) when we are compelled to do so by a subpoena, court order, search or seizure warrant, or similar legal procedure, or (2) for international law enforcement requests, pursuant to a mutual legal assistance treaty (MLAT) or letters of request;
(d) to comply with one or more forms of “travel rules” that require our transmitting of your information to another financial institution, regulatory authorities or other industry partners;
(e) when we believe in good faith that the disclosure of personal information is necessary to protect the rights, property or safety of our customers, Binance, or others, including to prevent imminent physical harm or material financial loss;
(f) to investigate violations of our Terms of Use or other applicable policies; or
(g) to detect, investigate, prevent or address fraud or credit risk, other illegal activity or security and technical issues, to report suspected illegal activity or to assist law enforcement in the investigation of suspected illegal or wrongful activity.
I do not think Binance will not share the data because they are centralized and it is indirectly on the exchange privacy notice that your data is not private with them (the exchange ) if you read it carefully.
When you are a step towards privacy is when you do not go for KYC.
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
Very funny story. When will Nigeria stop their corrupt act. How can a stranger escape in a strange land when he is under the police custody. This means that they escape of one of the detainees was arranged by people in that place where he was put in custody, and they would have paid them. So what would be the fate of the second guy who is escape was not arranged. Maybe that would happen later. I cannot trust this our government and leaders.
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
But according to other stories Nadeem Anjarwalla was not under the custody of SEC but was house arrest. And he uses the Ramadan fasting and prayer period to escape. Though that information is not yet confirmed but it is not far from the truth because government with her agencies have not given us the legit information. But now that Nadeem Anjarwalla has escaped what about the remaining guy, what will dey do?
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Nigeria my country, lol... I dey greet all of una wey dey come across this tori, I just say make I check news headline, only for me to see say them say one of the binance official way federal government been detain don escape from custody.
Nigeria no go stop to dey tell us jokes ;D... where our country dey even go sef?
Abeg make una shear updates on this matter make we for know wetin dey really sup.
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I think I read across this news from Opera few days ago say person dem detain don run like e com make think how things dey go because when things strong or if them don settled dem go carry another news take confused and deceived people say something like this happened. Bet me if time not taken this will be the dead of the case because people wey dey put fire for the matter don collect their shares for that them get do magomago for people so that we no go fit know how dis people take do their movement take tuama from where dem detained them.
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And he uses the Ramadan fasting and prayer period to escape. Though that information is not yet confirmed but it is not far from the truth because government with her agencies have not given us the legit information. But now that Nadeem Anjarwalla has escaped what about the remaining guy, what will dey do?
The government accused Binance of tax evasion already. So the plan of the government is to let Binance to pay for fine. We have said it that the detention do not seem like it has a date as the court says, it would likely be indefinite until Binance pay the fine. But the court is in Nigeria while Binance is not having office in Nigeria. I can see partiality there and the court will only favour the government. I am not thinking the second executive will be released soon.
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Nigeria no go stop to dey tell us jokes ;D... where our country dey even go sef?
Abeg make una shear updates on this matter make we for know wetin dey really sup.
If you want update about the matter on this forum, you can visit the thread that Igebotz first created about this, we are actively posting there and we will be having all the news there.
This is the thread and the link to what is happening recently that is about what you posted here: Re: [Crypto] Nigeria high court demand Binance to submit Nigeria users data (https://www.altcoinstalks.com/index.php?topic=319534.msg1526509#msg1526509)
I think I read across this news from Opera few days ago say person dem detain don run like e com make think how things dey go because when things strong or if them don settled dem go carry another news take confused and deceived people say something like this happened.
I do not really understand your Pidgin but the news is just yesterday and not fee days ago if that is what your are taking about. Although, the Binance executive left on Friday.
Bet me if time not taken this will be the dead of the case because people wey dey put fire for the matter don collect their shares for that them get do magomago for people so that we no go fit know how dis people take do their movement take tuama from where dem detained them.
I do not think Nigeria government want the case to end soon. They are still on it. The government still has one Binance executive in custody. But I do not see the government to win this and they have gone the wrong way.
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I think I read across this news from Opera few days ago say person dem detain don run like e com make think how things dey go because when things strong or if them don settled dem go carry another news take confused and deceived people say something like this happened.
I do not really understand your Pidgin but the news is just yesterday and not fee days ago if that is what your are taking about. Although, the Binance executive left on Friday.
Bet me if time not taken this will be the dead of the case because people wey dey put fire for the matter don collect their shares for that them get do magomago for people so that we no go fit know how dis people take do their movement take tuama from where dem detained them.
I do not think Nigeria government want the case to end soon. They are still on it. The government still has one Binance executive in custody. But I do not see the government to win this and they have gone the wrong way.
Sorry as you no understand my pidgin but wetin me dey talk be say, me see update for Opera mini browser as e pop up for my phone say one Binance executive don tuama from 9ja.
As you say Friday you dey correct because na wetin Thursday and Friday I see the news appear for my Browser but for me I no too give am attention onto say me dey reason am say na just content creators wey wan get traffic for their site so me no too look am eyes.
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which of them escaped? ;D but could it be that this one paid the guards? this is funny i would be surprised if this guy flee through the airport.
and the other one i guess will be the one who will negotiate for his freedom this time or he will be the one to give access to the users in the country.
you know, things like this situation is always negotiable. binance is rich and when they can negotiate with money, its always going to happen when they can agree on money.
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which of them escaped? ;D but could it be that this one paid the guards? this is funny i would be surprised if this guy flee through the airport.
This is Nigeria, everything is possible here - so I was not really shocked when I heard the news, I only just shook my head because the government were not even ashamed to release that kind of news to the public.
and the other one i guess will be the one who will negotiate for his freedom this time or he will be the one to give access to the users in the country.
He doesn’t have access to such type of information - even if he did, Binance would have restricted his access for security reasons. Customer’s data is not something that’s being stored where all employees can access, even those that have access to those data are still being constantly monitored so they won’t do anything stupid that would put the company at risk.
So unless Binance agrees to release the data that’s being asked for, so that their employee can be released there’s nothing that can be done by that worker.
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Really that matter e no clear for person eye and ear to hear. Someone escaped from detention and still have the opportunity to travel out to his country. Wahala weti again. And according to other sources he was detained in his house as house arrest. And even at that, the security personnels who were at the gate and the house, where were they? And the news of his detention were broadcasted for all the citizens who use TV and radio to hear. Yet he passed through the airport gate and flight back to his country. This is ridiculous. And now see what they are saying.
(https://www.talkimg.com/images/2024/03/27/VwIpo.jpeg)
Is it not to deceive us that they are working? Nigerian is a fictional country.
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which of them escaped? ;D but could it be that this one paid the guards? this is funny i would be surprised if this guy flee through the airport.
and the other one i guess will be the one who will negotiate for his freedom this time or he will be the one to give access to the users in the country.
you know, things like this situation is always negotiable. binance is rich and when they can negotiate with money, its always going to happen when they can agree on money.
I agree and think that this is exactly what has occurred, he settled his way out of the detention and that is just how the people involved have chosen to report it. We have seen funnier news reports of even animals swallowing money etc. Nothing surprises me anymore.
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I agree and think that this is exactly what has occurred, he settled his way out of the detention and that is just how the people involved have chosen to report it. We have seen funnier news reports of even animals swallowing money etc. Nothing surprises me anymore.
This is a good proof to the world to know how corrupt we are in the country. Those people that supposed to make sure the man does not leave Nigeria were bribed we guess. This is how bribery is used too by those political leaders also and not thinking of the side effects it is having on the country. Although, Binance officials did nothing wrong and Nigeria government wrongfully detained them which is not appropriate. But also if one of them was able to leave and travel out of Nigeria without no detection, it is a shame on our security.
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
All officers on guard have been arrested and are being investigated; these guys were either tipped off or were completely unprofessional in carrying out their duties. His travel documents were seized, so he was either flown out of our country on a private jet or is still in the country. This only makes their case appear worse than it was.
Nigerians are already on the government's side; I believe the FG is correct on this one, since if Binance has nothing to hide, they will not flee like terrorists.
Admin nodey like referral links from BTT...
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
All officers on guard have been arrested and are being investigated; these guys were either tipped off or were completely unprofessional in carrying out their duties. His travel documents were seized, so he was either flown out of our country on a private jet or is still in the country. This only makes their case appear worse than it was.
Nigerians are already on the government's side; I believe the FG is correct on this one, since if Binance has nothing to hide, they will not flee like terrorists.
Admin nodey like referral links from BTT...
These people knows what they are doing, are we not tired of listening to their fiction story's ? I think they are just taking us for granted, how can someone understand the FG custody escape without any traces? It is not done anywhere. For me I think some government officials are behind this. Things like this will not stop in this country except these corrupt government officials are removed. Take for instance in 2021 or 2020 thereabout that there was a news that a snake swallowed 36billion naira. How is that possible ?
In the case of this Binance official that escaped there is something fishy going on.
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
All officers on guard have been arrested and are being investigated; these guys were either tipped off or were completely unprofessional in carrying out their duties. His travel documents were seized, so he was either flown out of our country on a private jet or is still in the country. This only makes their case appear worse than it was.
Nigerians are already on the government's side; I believe the FG is correct on this one, since if Binance has nothing to hide, they will not flee like terrorists.
Admin nodey like referral links from BTT...
And I saw a paper that Nigerians government launched a global manhunt on the Binance staff who escaped from DSS custody so that he will be extracted to Nigeria again but will that be possible? See the newspaper headline.
(https://www.talkimg.com/images/2024/03/27/VwIpo.jpeg)
Really the flee of the official make the case more cumbersome for Binance because it was only one escape and the other was still captured. And I think $1 is now NGN1268. They are progressing.
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And I saw a paper that Nigerians government launched a global manhunt on the Binance staff who escaped from DSS custody so that he will be extracted to Nigeria again but will that be possible?
So you mean if he was to be found in his country that his government would allow Nigeria government to move him down to this country for detainment? There’s no way he’ll be released from his country. They might decide to deal with him over there but sending him over to Nigeria is not something I believe would happen.
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Nigerians are already on the government's side; I believe the FG is correct on this one, since if Binance has nothing to hide, they will not flee like terrorists.
Not that the two Binance executives escaped from detention, it is just only one person. If it is only one executive that came to Nigeria for dialogue, it is enough to do what the government did by detaining him. I do not like what the government is doing, they have more opened eyes but still prefer to go the wrong way. Instead for them to let bygone be bygone. They should have went easy on Binance and make it mandatory for the exchange and other foreign exchanges to have office in Nigeria. We needed more revenue and crypto exchanges can bring it but the government just prefer to go the wrong way again and again.
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which of them escaped? ;D
Do you mean the Binance executive that escaped? His name is
Nadeem Anjarwalla, and he is a British-Kenyan citizen.
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This country na big joke. International diplomats under prison detention escapes. Do they really know what they are saying. Do you know how this sounds to the international community? How do we explain to their nation if something's happens to them in the cause of their escape.
Do you not know we are exposing our security architecture or apparatus to the international community as not reliable.
What happened to the prison warders there stationed. How were they able to gain access to the major exit.
All these questions just shows lapses in our security system which is very dangerous for us as a nation.
Do you know what that means? International spies can penetrate our country without anybody knowing, they could do whatever they want and go their way without being disrupted. Nigeria security apparatus is just too weak.
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Not that the two Binance executives escaped from detention, it is just only one person. If it is only one executive that came to Nigeria for dialogue, it is enough to do what the government did by detaining him. I do not like what the government is doing, they have more opened eyes but still prefer to go the wrong way. Instead for them to let bygone be bygone. They should have went easy on Binance and make it mandatory for the exchange and other foreign exchanges to have office in Nigeria. We needed more revenue and crypto exchanges can bring it but the government just prefer to go the wrong way again and again.
The Nigerian government suspects that crypto buying and selling activities on Binance are contributing to the inflation and devaluation of the Naira they are currently experiencing. They asked for user data from Binance for investigation, Binance responded to these accusations by stopping all transactions using Naira as of March 7 2024. With this incident I feel the government is too careless and blindly going into Binance without any strong evidence, Maybe this problem will not be It's great when the government wants to invite Binance and discuss directly the problems found.
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International diplomats under prison detention escapes. Do they really know what they are saying.
What happened to the prison warders there stationed.
The two Binance officials were not jailed and no need to referred to the detention as prison. They are only detained and I think they still give them access to some things. I think it is just like house arrest is the detention. But if it is more than that, it is not up to what we can call jail or prison.
If anything happen to the man, he escaped by himself and Nigeria will not be held responsible if he is no more in Nigeria. According to the news we have read, he is likely no more in Nigeria but nobody truly knows where he is.
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This country na big joke. International diplomats under prison detention escapes. Do they really know what they are saying. Do you know how this sounds to the international community? How do we explain to their nation if something's happens to them in the cause of their escape.
Do you not know we are exposing our security architecture or apparatus to the international community as not reliable.
What happened to the prison warders there stationed. How were they able to gain access to the major exit.
All these questions just shows lapses in our security system which is very dangerous for us as a nation.
Do you know what that means? International spies can penetrate our country without anybody knowing, they could do whatever they want and go their way without being disrupted. Nigeria security apparatus is just too weak.
I think the prisoners in prison were able to escape because the Nigerian security forces received money to keep their mouths shut, because so far when we have a lot of money in this country we can do whatever we want. This kind of system is indeed old. and must be repaired to increase state security.
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And I saw a paper that Nigerians government launched a global manhunt on the Binance staff who escaped from DSS custody so that he will be extracted to Nigeria again but will that be possible?
So you mean if he was to be found in his country that his government would allow Nigeria government to move him down to this country for detainment? There’s no way he’ll be released from his country. They might decide to deal with him over there but sending him over to Nigeria is not something I believe would happen.
It's true, it's possible that Nadeem Anjarwalla will receive punishment according to where he lives, the British and Kenyan governments should also be contacted immediately to carry out further investigations, I'm sure the Interpol in these two countries is very good and it should be easy to do this. What Nadeem Anjarwalla did also defamed a company as big as Binance. There may be very heavy fines and laws for Nadeem Anjarwalla for committing crimes with the Binance company.
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I think Binance is asking Binance to release the remaining Tigran Gambaryan the American citizen. And according to them, Tigran Gambaryan has trained 70 Nigerians Economic and Financial Crime Commission EFCC personalities. And recovered $400,000 for cybercrime in the country. He has been working with Binance to assist them for some years now and he was not a staff in the exchange but works as a contractor. He is an expert of secret investigation for cybercrime and internet frauds. Therefore Binance is asking Nigerian government and it agencies to release the man. Link here. https://gazettengr.com/american-tigran-gambaryan-trained-70-efcc-officials-recovered-400000-for-nigeria-before-nsa-ribadu-ambushed-him-binance/
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I think Binance is asking Binance to release the remaining Tigran Gambaryan the American citizen. And according to them, Tigran Gambaryan has trained 70 Nigerians Economic and Financial Crime Commission EFCC personalities. And recovered $400,000 for cybercrime in the country. He has been working with Binance to assist them for some years now and he was not a staff in the exchange but works as a contractor. He is an expert of secret investigation for cybercrime and internet frauds. Therefore Binance is asking Nigerian government and it agencies to release the man. Link here. https://gazettengr.com/american-tigran-gambaryan-trained-70-efcc-officials-recovered-400000-for-nigeria-before-nsa-ribadu-ambushed-him-binance/
I think this is quite a lot of money for one person, but we have to know, when it comes to talk about money there is a possibility that the government will negotiate for a higher offer. The economic condition in Nigeria is currently in a danger and it would be terrible if this happened, there would be a lot Residents became victims and some died because they couldn't buy food. But if the Government accepts the offer of money in that amount, then that's enough, the problem will be resolved soon.
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It is unfortunate what this issue is resulting in. I had long foreseen this event taking place. I knew there would come a day when the federal government would request such details and to be frank with you, it is at the mercy of the exchange to either release it to them or not and doing such does not concern us because we already signed and agreed to the terms and conditions of service before opening an account with them.
It is already stated and if the need arises, they will comply now that the government has their staff under custody, they might use that as bait for their demand and finance would have to comply for their staff to be released.
Regarding the Binance official escape, I do not doubt that the "monkey hand is inside the pot of soup" Such a scenario is always carried out by an insider. So therefore all officers on duty should be held accountable for their actions.
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This country na big joke. International diplomats under prison detention escapes. Do they really know what they are saying. Do you know how this sounds to the international community? How do we explain to their nation if something's happens to them in the cause of their escape.
Do you not know we are exposing our security architecture or apparatus to the international community as not reliable.
What happened to the prison warders there stationed. How were they able to gain access to the major exit.
All these questions just shows lapses in our security system which is very dangerous for us as a nation.
Do you know what that means? International spies can penetrate our country without anybody knowing, they could do whatever they want and go their way without being disrupted. Nigeria security apparatus is just too weak.
I think the prisoners in prison were able to escape because the Nigerian security forces received money to keep their mouths shut, because so far when we have a lot of money in this country we can do whatever we want. This kind of system is indeed old. and must be repaired to increase state security.
Well I can not phantom what transpired that led to the escape of the binance officials as I was not there and I have no idea what happened. I am curious as you are to know what happened not till the report from the investigation is been publicly announced, I think anything said now is just based on assumptions and rumours which I would not give in to.
I was only trying to communicate to the people the possibility of our security loopholes if truly those guy's escaped from the prison where they were arrested and detained that's all and nothing much.
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I think Binance is asking Binance to release the remaining Tigran Gambaryan the American citizen. And according to them, Tigran Gambaryan has trained 70 Nigerians Economic and Financial Crime Commission EFCC personalities. And recovered $400,000 for cybercrime in the country. He has been working with Binance to assist them for some years now and he was not a staff in the exchange but works as a contractor. He is an expert of secret investigation for cybercrime and internet frauds. Therefore Binance is asking Nigerian government and it agencies to release the man. Link here. https://gazettengr.com/american-tigran-gambaryan-trained-70-efcc-officials-recovered-400000-for-nigeria-before-nsa-ribadu-ambushed-him-binance/
Unfortunately his services to the EFCC were duly paid for, this emotional attachment isn't going to get him released, he represented Binance and Binance is being charged with multiple tax evasion and money laundry offenses. He's going to be here until the Case with Binance is finalized.
It is already stated and if the need arises, they will comply now that the government has their staff under custody, they might use that as bait for their demand and finance would have to comply for their staff to be released.
Exactly what the Nigerian government is doing he's the only leverage they have on Binance and Binance is not making it easy at their end either. If they release this list so easily without a fight, other countries will start demanding for such a list too.
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JUST IN: NSA confirms Binance executive’s escape from custody
The Office of the National Security Adviser has confirmed that the detained Binance executive, Nadeem Anjarwalla, escaped from custody. It was reported that he escaped on Friday.
You can read more about it here: https://bitcointalk.org/index.php?topic=5487027.msg63855726#msg63855726
Very funny story. When will Nigeria stop their corrupt act. How can a stranger escape in a strange land when he is under the police custody. This means that they escape of one of the detainees was arranged by people in that place where he was put in custody, and they would have paid them. So what would be the fate of the second guy who is escape was not arranged. Maybe that would happen later. I cannot trust this our government and leaders.
It has always been from one funny story to another, but from the onset I doubted that binance was even going to release the information of every of their nigerian customers to the government and even if they had done that, what would the government do with the information? Would they be able to start tracking every individual one after another? Would they be able to even achieve anything with such data? I doubt.
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but from the onset I doubted that binance was even going to release the information of every of their nigerian customers to the government and even if they had done that, what would the government do with the information? Would they be able to start tracking every individual one after another? Would they be able to even achieve anything with such data? I doubt.
The government wants the lists of top 100 Nigerian P2P traders but the EFCC wants the data of all Nigerian traders. This will make the EFCC to have access to Nigeria traders trading history and this can be used even inappropriately as they can go for the innocent people while they can not know all the innocent people because most innocent money are still in banks while the money can not be traced to criminals activities.
Even if Binance satisfies the government, that does not mean the government will not take Binance to court and fine the exchange.
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but from the onset I doubted that binance was even going to release the information of every of their nigerian customers to the government and even if they had done that, what would the government do with the information? Would they be able to start tracking every individual one after another? Would they be able to even achieve anything with such data? I doubt.
The government wants the lists of top 100 Nigerian P2P traders but the EFCC wants the data of all Nigerian traders. This will make the EFCC to have access to Nigeria traders trading history and this can be used even inappropriately as they can go for the innocent people while they can not know all the innocent people because most innocent money are still in banks while the money can not be traced to criminals activities.
Even if Binance satisfies the government, that does not mean the government will not take Binance to court and fine the exchange.
My problem is the EFCC that would take advantage of those names if peradventure Binance releases them, and extort a lot of money from them. Our major problem is that the EFCC that is supposed to fight crime abuses their office and collects bribe, without taken any action. The only time we see them acting is if someone is against the government in power and they want to intimidate and disgrace the person because they have his corruption history. Apart from those EFCC are the worst. Imagine using corrupt people to fight corruption that is a waste of time and resources.
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UPDATED: Court remands Binance executive in Abuja prison
Court remanded Binance executive in Kuje prison until his bail hearing application on the 18th April and May 5th for trial. He's facing 5 counts charges bothering on Money laundering, Currency speculation, tax evasion.
He allegedly denied being part of Binance. Lol this is getting hit up.
https://www.google.com/amp/s/punchng.com/breaking-court-remands-binance-executive-in-abuja-prison/%3famp
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UPDATED: Court remands Binance executive in Abuja prison
Court remanded Binance executive in Kuje prison until his bail hearing application on the 18th April and May 5th for trial. He's facing 5 counts charges bothering on Money laundering, Currency speculation, tax evasion.
He allegedly denied being part of Binance. Lol this is getting hit up.
https://www.google.com/amp/s/punchng.com/breaking-court-remands-binance-executive-in-abuja-prison/%3famp
I have not seen this type of lawlessness before. If that guy is sentenced or fined, it is an evidence of how more the present government are useless. I hope they will stop manipulating naira price while the price of goods and services are increasing. The government should focus on better thing than what they are doing. After the allegations, many exchanges are still having P2P services for Nigerians. Instead to focus on regulation, they are focusing on what is not and what can not make the country to move forward. It would have been better if Nigeria regulate crypto exchanges.
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UPDATED: Court remands Binance executive in Abuja prison
Court remanded Binance executive in Kuje prison until his bail hearing application on the 18th April and May 5th for trial. He's facing 5 counts charges bothering on Money laundering, Currency speculation, tax evasion.
He allegedly denied being part of Binance. Lol this is getting hit up.
https://www.google.com/amp/s/punchng.com/breaking-court-remands-binance-executive-in-abuja-prison/%3famp
I have not seen this type of lawlessness before. If that guy is sentenced or fined, it is an evidence of how more the present government are useless. I hope they will stop manipulating naira price while the price of goods and services are increasing. The government should focus on better thing than what they are doing. After the allegations, many exchanges are still having P2P services for Nigerians. Instead to focus on regulation, they are focusing on what is not and what can not make the country to move forward. It would have been better if Nigeria regulate crypto exchanges.
I would have been disappointed if they had sentenced him to Prison without fair trial. Having him go through the judiciary process is still within the rules. His case isn't looking good and there's a high possibility of him spending time In prison except Binance plead guilty to the allegations and pay due fine.
He claimed not to be a Binance representative but little did he know that he signed a paper as a representative of Binance before his first meeting with the FG.
The Naira has been gaining against the dollar since last month, whatever the CBN is doing it's working for them. We're likely going to see 900/$1 by next week or even less.
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I would have been disappointed if they had sentenced him to Prison without fair trial. Having him go through the judiciary process is still within the rules. His case isn't looking good and there's a high possibility of him spending time In prison except Binance plead guilty to the allegations and pay due fine.
Let us see what the court will come up with as judgement, but I see them all on one side. I have the government and the regulators to blame and they have shown hostility towards foreign centralized exchanges. I see the government as people that are not wise at all. If they are wise, they should have seen exchanges as not regulated enough and which calls for regulation instead of acting like a boss.
The Naira has been gaining against the dollar since last month, whatever the CBN is doing it's working for them. We're likely going to see 900/$1 by next week or even less.
You do not understand what has just happened with the naira deflation. There is naira deflation but there is food and local products inflation. A stable economy is better than what is happening. Know that some people are gaining more while some people are losing more right now in their business, instead for it to balance, it is no more balanced.
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I would have been disappointed if they had sentenced him to Prison without fair trial. Having him go through the judiciary process is still within the rules. His case isn't looking good and there's a high possibility of him spending time In prison except Binance plead guilty to the allegations and pay due fine.
Let us see what the court will come up with as judgement, but I see them all on one side. I have the government and the regulators to blame and they have shown hostility towards foreign centralized exchanges. I see the government as people that are not wise at all. If they are wise, they should have seen exchanges as not regulated enough and which calls for regulation instead of acting like a boss.
I believe other exchanges agreed with the FG's requests, therefore NGN P2P is still running on those platforms; however, the FG may have been sceptical of Binance 2p2 due to their high trading volume. To be honest, Binance p2p always has the highest rates when compared to other exchanges, hence the Naira manipulation could be accurate. There were those Marchants who engaged in price manipulation, and these sorts are always at the top, and in order to meet demand, others raise rates as well. This is why the EFCC is particularly interested in the TOP 100 traders, as they were the main players in the price manipulation.
You do not understand what has just happened with the naira deflation. There is naira deflation but there is food and local products inflation. A stable economy is better than what is happening. Know that some people are gaining more while some people are losing more right now in their business, instead for it to balance, it is no more balanced.
Price of things will not crash immediately but gradually - people are still selling goods they bought at 1800-1900 and you don't expect them to sell them at the current rate. They will have to restock goods at the current rate to reduce prices of goods. It's a Basic Economics
Price of Electronics have already crashed by more than 50% I confirmed this yesterday.
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To be honest, Binance p2p always has the highest rates when compared to other exchanges, hence the Naira manipulation could be accurate.
Are you minding the government? Why did Cardoso increased the rate also? The government manipulated and who will question them? The government earn more in naira as they sell crude oil and petroleum byproducts to foreign countries and see more money in naira to pay workers and also for year budgets. They fulfilled their intentions and started appreciating the price of naira.
Price of Electronics have already crashed by more than 50% I confirmed this yesterday.
I think this is true, but local products prices are not decreasing while some are increasing. You are not wrong that we should give the government more time and see if there will be deflation also in food and other local product prices.
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To be honest, Binance p2p always has the highest rates when compared to other exchanges, hence the Naira manipulation could be accurate.
Are you minding the government? Why did Cardoso increased the rate also? The government manipulated and who will question them? The government earn more in naira as they sell crude oil and petroleum byproducts to foreign countries and see more money in naira to pay workers and also for year budgets. They fulfilled their intentions and started appreciating the price of naira.
We're seeing the real price of Naira against the Dollar for the first time since 1960. All what the past government has been doing is subsidizing the Naira with Billions of Naira to stay relevant in market since the country depends on export to eat. The Naira floating was long overdue but the current administration didn't take appropriate precautions before floating and stoping Naira subsidy. I didn't think it was a deliberate act, it was a foolish move.
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News has it that the binance escapee has been traced to Kenya and the Nigeria government is working on extraditing him to Nigeria to face his music here.
My question now is this, Would the Kenya government collaborate with the Nigeria government to take such action against him looking at the fact that he is a British-Kenyan dual national and also looking at his affiliation with binance which is believe the Kenya government would want to take advantage of his position to upgrade or adopt Crypto.
https://thekenyatimes.com/africa-news/manhunt-launched-as-nigeria-traces-binance-executive-in-kenya/
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News has it that the binance escapee has been traced to Kenya and the Nigeria government is working on extraditing him to Nigeria to face his music here.
It was traced to Kenya but after he landed in Kenya, he went on hiding. The EFCC and Police are talking about extraction when the man has not even been seen.
My question now is this, Would the Kenya government collaborate with the Nigeria government to take such action against him looking at the fact that he is a British-Kenyan dual national and also looking at his affiliation with binance which is believe the Kenya government would want to take advantage of his position to upgrade or adopt Crypto.
If he committed obvious crime like killing or abduction if someone in Nigeria, it will not matter if he is from Kenya or not, but what crime did he actually commit and he is not even Binance CEO which what Nigeria is planning can affect the most in relation to arresting.
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News has it that the binance escapee has been traced to Kenya and the Nigeria government is working on extraditing him to Nigeria to face his music here.
It was traced to Kenya but after he landed in Kenya, he went on hiding. The EFCC and Police are talking about extraction when the man has not even been seen.
My question now is this, Would the Kenya government collaborate with the Nigeria government to take such action against him looking at the fact that he is a British-Kenyan dual national and also looking at his affiliation with binance which is believe the Kenya government would want to take advantage of his position to upgrade or adopt Crypto.
If he committed obvious crime like killing or abduction if someone in Nigeria, it will not matter if he is from Kenya or not, but what crime did he actually commit and he is not even Binance CEO which what Nigeria is planning can affect the most in relation to arresting.
I still have been pondering on what the offense of this man is. I believe government is just using him as bait to get at binance to send them the full list if Nigerians registered onboard their platform . He is not the CEO of binance to be much after by the federal government.
With respect to the fact that the Kenyan government would cooperate with the federal, I think it is likely that the government might likely look into it but not with any form of commitment because the case or crime is not as heinous as they Nigeria government projected it to be. Come to talk of it, he did not kill anybody just as you have said.
The EFCC was quick to announce to have traced him without apprehending him because they have not seen him and do they think the Kenya government would cooperate for his arrest or they would just keep mute over it and just watch as the EFCC do their findings.
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If he committed obvious crime like killing or abduction if someone in Nigeria, it will not matter if he is from Kenya or not, but what crime did he actually commit and he is not even Binance CEO which what Nigeria is planning can affect the most in relation to arresting.
I still have been pondering on what the offense of this man is. I believe government is just using him as bait to get at binance to send them the full list if Nigerians registered onboard their platform . He is not the CEO of binance to be much after by the federal government.
With respect to the fact that the Kenyan government would cooperate with the federal, I think it is likely that the government might likely look into it but not with any form of commitment because the case or crime is not as heinous as they Nigeria government projected it to be. Come to talk of it, he did not kill anybody just as you have said.
The EFCC was quick to announce to have traced him without apprehending him because they have not seen him and do they think the Kenya government would cooperate for his arrest or they would just keep mute over it and just watch as the EFCC do their findings.
Binance's CEO cannot be present at all times, therefore he has people representing him on each continent where the company operates, and these reps accept complete responsibility for whatever happens on that continent. He came to Nigeria representing Binance in full capacity with his colleague, the head of investigation and crime, and managed to pay off some security personnel before being broken out of custody and returning to his home country without his travel documents, which is a major felony. If the Nigerian government wants him, Interpol will extract him, and the Kenyan government cannot do anything. No country in Africa will want to be in Nigeria's bad books.
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The federal high court sitting at Abuja has asked Binance to cooperate with the Nigeria Government and give data of all users to the Govemment.
What do you guys think? Will Binance defy to grant a local law request?
https://cointelegraph.com/news/nigerian-court-binance-disclose-user-data
I'm not too familiar with how the law works, but I believe that giving out users' data to a third party is strictly against the terms that govern the internet in general. However, we know that some companies secretly sell users' data to research institutes and others. If a user chooses to use your service and undergo verification, it's the duty of those in charge to keep the identity and data of that user safe. The government of Nigeria has no right to obtain the data of every user unless every user who uses Binance in Nigeria is under investigation.
Unfortunately, I can't even tell if Binance would comply with their demand, knowing fully well that Binance is short of Nigerians and would love to have them back. Anything can literally happen as long as everyone is making a profit, which means Binance might also request the government to lift the ban in exchange for the data of users.
Just saying...
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The federal high court sitting at Abuja has asked Binance to cooperate with the Nigeria Government and give data of all users to the Govemment.
What do you guys think? Will Binance defy to grant a local law request?
https://cointelegraph.com/news/nigerian-court-binance-disclose-user-data
Unfortunately, I can't even tell if Binance would comply with their demand, knowing fully well that Binance is short of Nigerians and would love to have them back. Anything can literally happen as long as everyone is making a profit, which means Binance might also request the government to lift the ban in exchange for the data of users.
Just saying...
Binance follows local rules in the jurisdictions in which they operate, however I'm not sure if such governments have the right to demand personal data. Binance is not in a good position to request anything right now; either they agree with the demand or the Nigerian government, as usual, takes the rules into their own hands.
I doubt we will ever see Naira trading pairs on any exchange again, at least not under the current government. Binance remains a safe trading platform and continues to provide services to Nigerians.
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Binance follows local rules in the jurisdictions in which they operate, however I'm not sure if such governments have the right to demand personal data. Binance is not in a good position to request anything right now; either they agree with the demand or the Nigerian government, as usual, takes the rules into their own hands.
I doubt we will ever see Naira trading pairs on any exchange again, at least not under the current government. Binance remains a safe trading platform and continues to provide services to Nigerians.
And that is one of the conditions for the Binance official to be released. And I don't think Binance was following.or obeying the rules of the local economy and that is why they are having problems here and there. And I was hearing from the network CEO that they will obey all the countries they are operating in the laws to have good relationship with them. And really if Binance was following and obeying the laws of the land they wouldn't not have issues with the countries they were operating. But they were playing smart game but it hook them for throat. And Binance might release the personal information of the users in their platform to the Nigerian government because they did they have to do anything to release their staff.
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Binance follows local rules in the jurisdictions in which they operate, however I'm not sure if such governments have the right to demand personal data. Binance is not in a good position to request anything right now; either they agree with the demand or the Nigerian government, as usual, takes the rules into their own hands.
I doubt we will ever see Naira trading pairs on any exchange again, at least not under the current government. Binance remains a safe trading platform and continues to provide services to Nigerians.
And that is one of the conditions for the Binance official to be released.
The rep has been sent to prison awaiting trial It's not longer in EFCC right to decide wether to release him or not even if the documents are released. Binance is facing multiple charges so it's not longer a case of P2P users data. He's going to be given a fair trial
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If he committed obvious crime like killing or abduction if someone in Nigeria, it will not matter if he is from Kenya or not, but what crime did he actually commit and he is not even Binance CEO which what Nigeria is planning can affect the most in relation to arresting.
I still have been pondering on what the offense of this man is. I believe government is just using him as bait to get at binance to send them the full list if Nigerians registered onboard their platform . He is not the CEO of binance to be much after by the federal government.
With respect to the fact that the Kenyan government would cooperate with the federal, I think it is likely that the government might likely look into it but not with any form of commitment because the case or crime is not as heinous as they Nigeria government projected it to be. Come to talk of it, he did not kill anybody just as you have said.
The EFCC was quick to announce to have traced him without apprehending him because they have not seen him and do they think the Kenya government would cooperate for his arrest or they would just keep mute over it and just watch as the EFCC do their findings.
Binance's CEO cannot be present at all times, therefore he has people representing him on each continent where the company operates, and these reps accept complete responsibility for whatever happens on that continent. He came to Nigeria representing Binance in full capacity with his colleague, the head of investigation and crime, and managed to pay off some security personnel before being broken out of custody and returning to his home country without his travel documents, which is a major felony. If the Nigerian government wants him, Interpol will extract him, and the Kenyan government cannot do anything. No country in Africa will want to be in Nigeria's bad books.
Of a truth no African country would want to be in the bad book of Nigeria but I was also thinking, as it is now that he is well known to be a representative of binance here in Nigeria, do you not think he is likely going to be an asset to his country which would make them not to give in to the Nigeria government. Although what he did is against the laws of the land for bribing his way to fleeing without his international passport. But do you not think that there are some hidden faces and names behind his escape because such a thing can not just happen just like that. The monkeys hand is indeed inside the pot of soup.
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Today, Binance case has been adjoined to May 17. EFCC has also accused Binance of money laundering.
Judge Emeka Nwite adjourned to May 17 when he will give a ruling.
In addition to the tax evasion trial, Binance and the executives have also been charged with laundering more than $35 million by Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), in a trial that will resume on May 2.
Of a truth no African country would want to be in the bad book of Nigeria but I was also thinking, as it is now that he is well known to be a representative of binance here in Nigeria, do you not think he is likely going to be an asset to his country which would make them not to give in to the Nigeria government. Although what he did is against the laws of the land for bribing his way to fleeing without his international passport. But do you not think that there are some hidden faces and names behind his escape because such a thing can not just happen just like that. The monkeys hand is indeed inside the pot of soup.
Nnamdi kanu was working freely abroad (outside Africa) when Nigeria government was looking for him to be arrested. He was later arrested in Kenya. There is a man that if he gets to US today, he will be arrested, but he is in Russia living his life freely. There are cases like this as there will be exceptional cases. What a country will take as illegal or blame will not be taken by another country as illegal or blame. But I always doubt Africa countries.
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I also saw a flash news today but I can't recall the social media platform I got the news because I was in hurry to church. And the news says that for the crackdown some of the exchange in the country after Binance to make sure that the naira would go back to his normal price. EFCC and FCCPC are working hard to crackdown some more f the of the exchange and Superstores that are still charging high when the dollar has come down. FCCPC dey seal store at Abuja while EFCC dey investigate the exchanges that are still manipulating the naira in the exchange market. And anything they will do to make the Naira appreciate i support am. And one of the minister, I don forget di name, he say from next month dollar will be useless in di country. So if anyone still dey keep naira in dollars then they should change it now. and another News again today, and I screenshot di image but I go put di images for the appropriate thread which I don create an before.but let me.just cap weti dem tok. Dem tok say those people weti dey deal on cryptocurrency e don loss well well because of the naira dey appreciate.and na true. When I tok dat thing in my thread some people disagree.with me.
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Kenyan police arrest Binance executive who escaped from Nigeria
Binance executive, Nadeem Anjarwalla has been arrested in Kenya and there is possibility that he will be extradited to Nigeria.
One of the sources said, “Binance executive, Nadeem Anjarwalla, has been arrested by the Kenya Police Service, and he would be extradited to Nigeria this week by INTERPOL.”
Another source noted, “As we had said before that Anjarwalla would be extradited, he has been arrested in Kenya, and he’ll be extradited to Nigeria this week.”
I also saw a flash news today but I can't recall the social media platform I got the news because I was in hurry to church. And the news says that for the crackdown some of the exchange in the country after Binance to make sure that the naira would go back to his normal price. EFCC and FCCPC are working hard to crackdown some more f the of the exchange and Superstores that are still charging high when the dollar has come down. FCCPC dey seal store at Abuja while EFCC dey investigate the exchanges that are still manipulating the naira in the exchange market. And anything they will do to make the Naira appreciate i support am. And one of the minister, I don forget di name, he say from next month dollar will be useless in di country. So if anyone still dey keep naira in dollars then they should change it now. and another News again today, and I screenshot di image but I go put di images for the appropriate thread which I don create an before.but let me.just cap weti dem tok. Dem tok say those people weti dey deal on cryptocurrency e don loss well well because of the naira dey appreciate.and na true. When I tok dat thing in my thread some people disagree.with me.
That is not the work of EFCC. EFCC deals with crime and not exchange crackdown. It is also not the work of EFCC to deal with naira exchange monitoring.
If you read the news very well, you will see fault in it.
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From fry pan to fire. Na e be say Nadeem Anjarwalla Don enter problem because Nigeria government go add extra count charge for him head. This issue wey happen like this, fit come make Binance reason to pay the money wey federal government ask them, because the tori don get k leg. I just hope say Binance no go win find good face for Nigeria government hand and release the names wey them demand for Binance.
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From fry pan to fire. Na e be say Nadeem Anjarwalla Don enter problem because Nigeria government go add extra count charge for him head. This issue wey happen like this, fit come make Binance reason to pay the money wey federal government ask them, because the tori don get k leg. I just hope say Binance no go win find good face for Nigeria government hand and release the names wey them demand for Binance.
We do not know yet if Nadeem Anjarwalla will be extradited to Nigeria, but that is what the Nigerian government are expecting. Let us wait and see what will happen. Most people think that Kenya is going to extradite him to Nigeria.
Court to hear Binance executive’s bail application Tuesday
Justice Emeka Nwite, has adjourned till Tuesday (which is tomorrow) to hear the bail application of the detained Binance executive, Tigran Gambaryan.
https://punchng.com/court-to-hear-binance-executives-bail-application-tuesday/
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From fry pan to fire. Na e be say Nadeem Anjarwalla Don enter problem because Nigeria government go add extra count charge for him head. This issue wey happen like this, fit come make Binance reason to pay the money wey federal government ask them, because the tori don get k leg. I just hope say Binance no go win find good face for Nigeria government hand and release the names wey them demand for Binance.
We do not know yet if Nadeem Anjarwalla will be extradited to Nigeria, but that is what the Nigerian government are expecting. Let us wait and see what will happen. Most people think that Kenya is going to extradite him to Nigeria.
Kenyan police have detained escapee Binance Executive Nadeem Anjarwalla and are working with the EFCC to extradite him to Nigeria within a week to face the law.
https://punchng.com/exclusive-kenya-to-extradite-binance-executive-who-escaped-from-nigeria/?utm_source=auto-read-also&utm_medium=web
Told y'all that nobody messes with the Nigeria Government. The Kenya government will lose more if they refuse to send him back to Nigeria and they are not ready to take such a risk.
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From fry pan to fire. Na e be say Nadeem Anjarwalla Don enter problem because Nigeria government go add extra count charge for him head. This issue wey happen like this, fit come make Binance reason to pay the money wey federal government ask them, because the tori don get k leg. I just hope say Binance no go win find good face for Nigeria government hand and release the names wey them demand for Binance.
We do not know yet if Nadeem Anjarwalla will be extradited to Nigeria, but that is what the Nigerian government are expecting. Let us wait and see what will happen. Most people think that Kenya is going to extradite him to Nigeria.
Kenya police service has arrested the escaped Binance Executive Nadeem Anjarwalla and are working with EFCC to extradite him back to Nigeria within the week to face the law.
https://punchng.com/exclusive-kenya-to-extradite-binance-executive-who-escaped-from-nigeria/?utm_source=auto-read-also&utm_medium=web
Told y'all that nobody messes with the Nigeria Government. The Kenya government will lose more if they refuse to send him back to Nigeria and they are not ready to take such a risk.
I don't know how everything display to that guy wey don already escaped. It was almost a month or more than a month this guy was still in Africa. By the way, Nnamdi Kanu was extradited from Kenya to Nigeria. So Nadeem Anjarwallawill be also extradited back to Nigeria and that is part of the international law and also part of the foreign policy of a country. Nadeem Anjarwalla would left the African scene and went to Asia or another continent until the issue die down then go back to his country. Or preferable he would have gone to his home country. But now that he has been rearrested again, the charges will be more. We pray dat there should be soft landing in the case.
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Today, Binance case has been adjoined to May 17. EFCC has also accused Binance of money laundering.
Judge Emeka Nwite adjourned to May 17 when he will give a ruling.
In addition to the tax evasion trial, Binance and the executives have also been charged with laundering more than $35 million by Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), in a trial that will resume on May 2.
Of a truth no African country would want to be in the bad book of Nigeria but I was also thinking, as it is now that he is well known to be a representative of binance here in Nigeria, do you not think he is likely going to be an asset to his country which would make them not to give in to the Nigeria government. Although what he did is against the laws of the land for bribing his way to fleeing without his international passport. But do you not think that there are some hidden faces and names behind his escape because such a thing can not just happen just like that. The monkeys hand is indeed inside the pot of soup.
Nnamdi kanu was working freely abroad (outside Africa) when Nigeria government was looking for him to be arrested. He was later arrested in Kenya. There is a man that if he gets to US today, he will be arrested, but he is in Russia living his life freely. There are cases like this as there will be exceptional cases. What a country will take as illegal or blame will not be taken by another country as illegal or blame. But I always doubt Africa countries.
You are right sir. Most cases are just like the Nnamdi Kanus case. I can see mutual cooperation amongst the African nations. Az of this evening, I stumbled upon an online dailies stating that the kenya government has given the Nigeria government update on the binance escapee. Possibly they might be working on extraditing him or maybe further interrogation to get more information from him because I know the Kenya government would want to also get clues from him too to know what to do wether to enter into a diplomatic dialogue with the Nigeria government or not.
I think this case is some how becoming interesting and would be looking towards seeing how both nations handles diplomatic relations to that extent.
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Kenya police service has arrested the escaped Binance Executive Nadeem Anjarwalla and are working with EFCC to extradite him back to Nigeria within the week to face the law.
https://punchng.com/exclusive-kenya-to-extradite-binance-executive-who-escaped-from-nigeria/?utm_source=auto-read-also&utm_medium=web
Told y'all that nobody messes with the Nigeria Government. The Kenya government will lose more if they refuse to send him back to Nigeria and they are not ready to take such a risk.
It is not different from the news I posted up there. The two news were out for people to read on the same day. The news title is confusing because in the news itself, there is nothing like Kenya police said the Binance executive will be extracted. Everything is still about Nigeria like maybe EFCC official saying something. Although, we all know how Kenya is. The country extradited Nnamdi Kanu but a man that was not arrested outside Africa, not to talk of extra diction?
By the way, how will Kenya lose if they decide not to extradite Nadeem Anjarwalla?
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Kenya police service has arrested the escaped Binance Executive Nadeem Anjarwalla and are working with EFCC to extradite him back to Nigeria within the week to face the law.
https://punchng.com/exclusive-kenya-to-extradite-binance-executive-who-escaped-from-nigeria/?utm_source=auto-read-also&utm_medium=web
Told y'all that nobody messes with the Nigeria Government. The Kenya government will lose more if they refuse to send him back to Nigeria and they are not ready to take such a risk.
It is not different from the news I posted up there. The two news were out for people to read on the same day. The news title is confusing because in the news itself, there is nothing like Kenya police said the Binance executive will be extracted. Everything is still about Nigeria like maybe EFCC official saying something. Although, we all know how Kenya is. The country extradited Nnamdi Kanu but a man that was not arrested outside Africa, not to talk of extra diction?
By the way, how will Kenya lose if they decide not to extradite Nadeem Anjarwalla?
I didn't see your report I must have skipped it somehow....
We can't tell for sure but the reporter said the suspect will be extradicted to Nigeria this week so the only way to verify the info is to wait and see what happens before weekend. The only verified info now is that the Binance rep is being detained by the Kenya Police.
Kenya and Nigeria shares high diplomatic ties and Nigeria as the head of Ecowas and the AU we provide aids to these countries so there's more to gain being in Nigeria good book.
The Kenya government is going to extradite him and tag it "kidnapped" as usual.
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Kenya police service has arrested the escaped Binance Executive Nadeem Anjarwalla and are working with EFCC to extradite him back to Nigeria within the week to face the law.
https://punchng.com/exclusive-kenya-to-extradite-binance-executive-who-escaped-from-nigeria/?utm_source=auto-read-also&utm_medium=web
Told y'all that nobody messes with the Nigeria Government. The Kenya government will lose more if they refuse to send him back to Nigeria and they are not ready to take such a risk.
It is not different from the news I posted up there. The two news were out for people to read on the same day. The news title is confusing because in the news itself, there is nothing like Kenya police said the Binance executive will be extracted. Everything is still about Nigeria like maybe EFCC official saying something. Although, we all know how Kenya is. The country extradited Nnamdi Kanu but a man that was not arrested outside Africa, not to talk of extra diction?
By the way, how will Kenya lose if they decide not to extradite Nadeem Anjarwalla?
I didn't see your report I must have skipped it somehow....
We can't tell for sure but the reporter said the suspect will be extradicted to Nigeria this week so the only way to verify the info is to wait and see what happens before weekend. The only verified info now is that the Binance rep is being detained by the Kenya Police.
Kenya and Nigeria shares high diplomatic ties and Nigeria as the head of Ecowas and the AU we provide aids to these countries so there's more to gain being in Nigeria good book.
The Kenya government is going to extradite him and tag it "kidnapped" as usual.
It's been almost a week but there is still no latest news about Nadeem Anjarwalla. Really hope Nadeem Anjarwalla gets the appropriate punishment because they manipulated one country's data which is a criminal act that is very detrimental to many people in Nigeria.
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@enwi this type of noob quoting is not allowed here. Now we can't even tell what comment you're responding to. Don't derail the thread like this.
To keep the record straight - Nadeem Anjarwallais not holding any data and neither can he give any any Binance personal datas, he's only Africa Binance representative.
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Teng acknowledged Nigeria’s significant influence over the future of Binance (https://punchng.com/binance-ceo-says-nigeria-sets-dangerous-precedent-by-detaining-employee/)
Teng acknowledged Nigeria’s significant influence over the future of Binance and the broader crypto industry within its borders, underscoring the importance of collaboration with Nigerian authorities.
He also said that Nigeria government detain the Binance officials just to control Binance. That it is unjust and dangerous precedent” for international businesses.
Teng also said that despite Binance’s repeated efforts at constructive engagement and cooperation with Nigerian authorities, Gambaryan remains in detention for ‘spurious’ reasons.
Binance CEO, in a statement to The PUNCH on Tuesday, said, “To invite a company’s mid-level employees for collaborative policy meetings, only to detain them, has set a dangerous new precedent for all companies worldwide.”
He added, “The message from the Nigerian government is clear: we must detain an innocent, mid-level employee, a former U.S. federal agent, and place him in a dangerous prison to control Binance.
How about the executive that fled to Kenya that was arrested? Has he been sent back to Nigeria?
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I also saw a flash news today that the Binance CEO ask Nigerian government to release Tigran Gambaryan who has been detained since February. And this might generate another problem with them again because Binance is adopting international law to the case.
Binance CEO says Nigeria set dangerous precedent by detaining employee
https://punchng.com/binance-ceo-says-nigeria-sets-dangerous-precedent-by-detaining-employee/
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How about the executive that fled to Kenya that was arrested? Has he been sent back to Nigeria?
I'm not sure if the news of his arrest was true or if it was simply another piece of government propaganda designed to trick everyone into believing that they're genuinely functioning when they aren't. Extraditing someone from one country to another does not take that long. So either the FG government lied about the arrest, or the Kenyan government is unwilling to hand up its citizens to the Nigerian government.
The Binance CEO further said that some Nigerian government officials approached Binance and asked them to pay a bribe to resolve the situation. This suggests that if Binance had paid the bribe, the Naira would still be trading on its platform. Binance was not the problem afterall, the country is moving bad.
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How about the executive that fled to Kenya that was arrested? Has he been sent back to Nigeria?
I'm not sure if the news of his arrest was true or if it was simply another piece of government propaganda designed to trick everyone into believing that they're genuinely functioning when they aren't. Extraditing someone from one country to another does not take that long. So either the FG government lied about the arrest, or the Kenyan government is unwilling to hand up its citizens to the Nigerian government.
The Binance CEO further said that some Nigerian government officials approached Binance and asked them to pay a bribe to resolve the situation. This suggests that if Binance had paid the bribe, the Naira would still be trading on its platform. Binance was not the problem afterall, the country is moving bad.
Our government can be very cunny you know, they might just frame up such lies to make us believe in them, whereas they did nothing. Why will Nigeria government ask for bribe from Binance instead of them to think on how they can regulate these exchanges benefitting from Nigerians. I guess that it is some certain person that are in charge of these crypto thing that wants to use it to make money, and it is not working for them that is why we are seeing this harsh treatment from these set of people on exchanges. Imagine assuming Binance paid the bribe, they will not put the blame on exchanges manipulating dollar price to be the problem of inflation.
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I'm not sure if the news of his arrest was true or if it was simply another piece of government propaganda designed to trick everyone into believing that they're genuinely functioning when they aren't. Extraditing someone from one country to another does not take that long. So either the FG government lied about the arrest, or the Kenyan government is unwilling to hand up its citizens to the Nigerian government.
I guess that Kenya government found the Binance executive not guilty of crime, but Nigeria government wants to use his detention to get to Binance. Nigerian government has been making stupid decisions. That is why the country is not good.
The Binance CEO further said that some Nigerian government officials approached Binance and asked them to pay a bribe to resolve the situation. This suggests that if Binance had paid the bribe, the Naira would still be trading on its platform. Binance was not the problem afterall, the country is moving bad.
I think he was taking about recently and not when Binance removed naira from their exchange P2P and all naira trading pair on Binance. What the law makers did next was to fault Binance CEO for saying that.
Our government can be very cunny you know, they might just frame up such lies to make us believe in them, whereas they did nothing. Why will Nigeria government ask for bribe from Binance instead of them to think on how they can regulate these exchanges benefitting from Nigerians.
I tried to let people under that we should not refer to the government directly but to the government officials. The officials make up the government but regarding this, government officials should be referred to. Bribery is one of the reasons this country is not good.
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Our government can be very cunny you know, they might just frame up such lies to make us believe in them, whereas they did nothing. Why will Nigeria government ask for bribe from Binance instead of them to think on how they can regulate these exchanges benefitting from Nigerians.
I tried to let people under that we should not refer to the government directly but to the government officials. The officials make up the government but regarding this, government officials should be referred to. Bribery is one of the reasons this country is not good.
The officials were appointed/elected by the government and represented the Nigeria government in this capacity so it's safer to say the "Nigeria Government" there's no other way to label it. Could be members from the EFCC, CBN or any other agencies.
They needed that bribe to make the case go away tells you how powerful those officials are. They're Nigeria government officials there's no two ways to sugar coat it. Imo
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Our government can be very cunny you know, they might just frame up such lies to make us believe in them, whereas they did nothing. Why will Nigeria government ask for bribe from Binance instead of them to think on how they can regulate these exchanges benefitting from Nigerians.
I tried to let people under that we should not refer to the government directly but to the government officials. The officials make up the government but regarding this, government officials should be referred to. Bribery is one of the reasons this country is not good.
The officials were appointed/elected by the government and represented the Nigeria government in this capacity so it's safer to say the "Nigeria Government" there's no other way to label it. Could be members from the EFCC, CBN or any other agencies.
They needed that bribe to make the case go away tells you how powerful those officials are. They're Nigeria government officials there's no two ways to sugar coat it. Imo
Just like I posted earlier, it is the government officials and not the government.
It is better to differentiate between the government and its officials. Read the bold part. The government is different from government officials and I quoted that to correct it. The government is not asking for bribe from Binance, it is the some of the government officials that did that underground.
This is not sugarcoat or anything but what it should be referred to. Nigerian government will not ask for bribe from Binance, they will ask for a fine.
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The officials were appointed/elected by the government and represented the Nigeria government in this capacity so it's safer to say the "Nigeria Government" there's no other way to label it. Could be members from the EFCC, CBN or any other agencies.
They needed that bribe to make the case go away tells you how powerful those officials are. They're Nigeria government officials there's no two ways to sugar coat it. Imo
Just like I posted earlier, it is the government officials and not the government.
It is better to differentiate between the government and its officials. Read the bold part. The government is different from government officials and I quoted that to correct it. The government is not asking for bribe from Binance, it is the some of the government officials that did that underground.
This is not sugarcoat or anything but what it should be referred to. Nigerian government will not ask for bribe from Binance, they will ask for a fine.
This is more like "EFCC detained Binance executives" and NOT the Nigeria government. Onebody care who did it as long as it's a ministry working for the Nigerian government it's always going to be " Nigerian government detained Binance executives" and not "EFCC detained Binance executives" if one of the ministry heading the case approach Binance for bribe what the media is going to tag is "Nigeria approached Binance for bribe" did you read the memo from the ministry of Information and orientation ?
Go and read it...
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Our government can be very cunny you know, they might just frame up such lies to make us believe in them, whereas they did nothing. Why will Nigeria government ask for bribe from Binance instead of them to think on how they can regulate these exchanges benefitting from Nigerians.
I tried to let people under that we should not refer to the government directly but to the government officials. The officials make up the government but regarding this, government officials should be referred to. Bribery is one of the reasons this country is not good.
The officials were appointed/elected by the government and represented the Nigeria government in this capacity so it's safer to say the "Nigeria Government" there's no other way to label it. Could be members from the EFCC, CBN or any other agencies.
They needed that bribe to make the case go away tells you how powerful those officials are. They're Nigeria government officials there's no two ways to sugar coat it. Imo
This is more than a national embarrassment. How would the international community ses this as. An agency under the umbrella of financial crimes commission demanding bribe from an international organisation to release their representative. This is how corrupt this nation is and from the play, one could tell that the powers of the judiciary can be undermined at any point in time when the powers that be come in play.
All these plays down to the fact that the people involved are government officials and they belong to the organisations in charge of this matter. So it invariably means that they have the power to do and undo the case as it may be. Hence, you hear the press say the name "Nigeria Government demands bribe from binance officials" to close the case and they are not worried about it if it paints the name of the country in a bad manner or so.