Ultimatum to Binance: CEO Richard Teng Summoned Before the Committee!

Nigeria summoned Binance CEO Richard Teng to testify in court.

According to the news reported by The Punch, the Financial Crimes Committee of the Nigerian House of Representatives, Binance CEO Richard Teng on suspicion of terrorist financing and money laundering summoned him to testify in court.

According to the news, Committee Chairman Ginger Onwusibe stated that if Teng does not come, he will have to use the constitutional powers given to the committee to take appropriate measures. To Richard Teng On March 4 or earlier He was told to come, but Teng ignored the call.

Recently, two Binance officials were at a Nigerian airport arrested and their passports were confiscated. Nigerian government spokesman to BBC in his statement Binance hosts illegal transactions and to the stock market, claiming that he was laundering money, especially through Nigeria. $10 billion fine He stated that he would be cut. However, a Binance spokesperson announced that no such payment would be made.

The government, which blocked access to Binance Nigeria, made Illegal money worth $26 billion was flowing he claimed.

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