Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Commission
June 10, 2023

Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Commission

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Nigeria’s order follows a lawsuit by the U.S. securities watchdog last Monday against the largest global crypto exchange by market capitalization, alleging it failed to register as a broker or exchange, and that it sold offered unregistered securities the general public.

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