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Binance execs detained in Nigeria still being questioned over illicit fund flows

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 cut 200 jobs and lost 75% revenue after SEC’s ‘near-mortal blow’

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.

The role will give Sullivan & Cromwell access to Binance records, including details on past and present employers, and its facilities.

Uzbekistan regulators say Binance’s failure to pay a mere $8,000 fine came as no surprise, and has now taken the matter to court.