Binance vs Nigeria: A timeline of events

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Key events in the ongoing legal battle between Binance and Nigeria, from initial regulatory concerns to courtroom clashes.

On July 5, Nigerian prosecutors continued their case against Tigran Gambaryan, the Binance executive who has been detained by the Economic and Financial Crimes Commission since February.

Initially sparked by concerns over currency manipulation, this conflict has escalated into a significant legal battle between Binance, the world’s largest cryptocurrency exchange, and Nigerian authorities.detention of Binance officials, halting deposits and withdrawals and delisting naira trading pairs. Users were given a three-day window to withdraw or convert their naira balances to USDT.

 

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