- Binance CEO issued a statement via his twitter account to say that “Binance Nigeria Limited is a scam.
- This is coming few weeks after The Securities and Exchange Commission of Nigeria had declared that Binance Nigeria is operating illegally in Nigeria.
- Binance is a leading cryptocurrency platform in the world individuals use to trade cryptocurrencies.
The Chief Executive Officer of Binance, Changpeng Zhao, has issued a statement on Twitter on Sunday, June 18, declaring “Binance Nigeria Limited” a scam entity.
The brief statement, seen by Nairametrics, said, “Binance have issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news.”
Binance has sued cease & desist notice to the scammer entity “Binance Nigeria Limited”.
Don’t believe everything you read in the news. 🤷♂️
— CZ 🔶 Binance (@cz_binance) June 18, 2023
Earlier this month, POINTERS reported that the Securities and Exchange Commission (SEC) of Nigeria had stated that Binance Nigeria, a subsidiary of global cryptocurrency exchange Binance, is operating illegally in Nigeria as it is not registered or regulated by the SEC.
This is a developing story…