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<p>The post <a href="https://coinpedia.org/crypto-live-news/binance-accused-of-unauthorized-transactions-by-central-bank-of-nigeria/" rel="noopener noreferrer nofollow">Binance Accused Of Unauthorized Transactions By Central Bank Of Nigeria&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Central Bank of Nigeria (CBN) alleges that Binance performed banking services without proper authorization. The Nigerian government has accused Binance and its executives, Tigran Gambaryan and Nadeem Anjarwalla, of conspiring to obscure the origins of $35.4 million in financial proceeds from illegal activities in Nigeria. It was also stated that Binance’s website misled Nigerians into using its platform for naira transactions via a cash link. The platform promoted fee-free deposits and flat-fee withdrawals, activities regulated by the CBN and reserved for licensed banks and financial institutions.</p>

Binance Accused Of Unauthorized Transactions By Central Bank Of Nigeria

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