$BTC The Nigerian government has responded to Binance's exit in several ways, reflecting a mix of regulatory actions and investigations:

1. **Demand for User Data**: The government of Nigeria has pressed Binance to provide information on its top 100 users in the country, along with their transaction history for the past six months. This request is part of ongoing negotiations between Binance and Nigerian authorities, aiming to address concerns about the impact of Binance on the local currency, the Nigerian naira.

2. **Tax Evasion Charges**: Following Binance's exit, Nigeria's Federal Inland Revenue Service formally charged the crypto exchange for tax evasion, naming two Binance employees as defendants. The charges allege that Binance did not pay value-added tax and company income tax, and did not file tax returns in the country, accusing the exchange of allowing users to evade taxes.

3. **Allegations of Economic Disruption**: Nigerian authorities have accused Binance of causing widespread economic disruption and contributing to the devaluation of the naira by setting an unofficial exchange rate for the currency. The government claims that Binance's operations played a role in the naira's 70% weakening in recent months, leading to concerns about the stability of the local fiat currency.

4. **Detention of Executives**: Two senior Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, were detained by Nigerian authorities following a tense meeting with government officials. Despite Binance delisting all naira transactions and stopping peer-to-peer naira transactions, the executives remain under detention, with Nigerian authorities suggesting that they may seek to impose a significant fine on Binance as retribution for their alleged impact on the Nigerian economy.

5. **Ongoing Investigations**: The Nigerian government has been investigating crypto exchanges, including Binance, over allegations of facilitating money laundering, terrorism financing, and other illicit activities. The government's actions reflect a broader effort to regulate the crypto industry and ensure compliance with local laws and regulations.

Overall, the Nigerian government's response to Binance's exit has been characterized by regulatory scrutiny, tax evasion charges, allegations of economic disruption, detention of executives, demands for user data, and ongoing investigations into the operations of crypto exchanges in the country.