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Binance exec accused of tax evasion flees Nigeria during mosque visit

Nadeem Anjarwalla was detained with fellow Binance exec Tigran Gambaryan late last month after Nigeria banned a number of crypto exchanges.

Former CEO of Binance ordered to hand over passports to US

The modified bond requires former Binance CEO Changpeng Zhao to hand over his passports and keep the US updated on his travels.

Nigeria hasn’t charged the Binance execs but its central bank governor went on TV to blame exchanges for facilitating flows of criminal funds.

Binance US is reportedly struggling to find new banking partners and has fewer than five market makers after being partnered with 20.

Nigerian official Bayo Onanuga said a $10B fine may be imposed but nothing’s been finalized. Binance says it’s heard nothing about the demand.