*๐โคด๏ธ๐ช Nigeria ๐ณ๐ฌDetains Binance Executives*
- *Detainment Reason*: Nigeria detained Binance executives due to allegations of tax evasion and money laundering.
- *Executives Involved*: The detained executives include Tigran Gambaryan, a U.S. citizen, and Nadeem Anjarwalla, a British-Kenyan citizen.
- *Escape from Custody*: Anjarwalla escaped from custody in March 2024, and an international arrest warrant has been issued.
- *Binance's Response*: Binance has emphasized its commitment to resolving any issues with Nigerian authorities and has halted all transactions and trading in naira .
- *Regulatory Crackdown*: The detention of Binance executives is part of a broader regulatory crackdown on cryptocurrency in Nigeria, with authorities accusing platforms of enabling illicit flows and manipulating the naira