Nigeria FIRS Sues Binance for $81.5 Billion in Economic Losses and Back Taxes

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Nigeria FIRS Sues Binance for $81.5 Billion in Economic Losses and Back Taxes

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Nigeria suing crypto exchange Binance for nearly $82bn in losses and back tax

Nigeria’s Inland Revenue Service alleges that Binance has a ‘significant economic presence’ in the country

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Nigeria suing Binance for $81.5 billion in economic losses and back tax

ABUJA (Reuters) - Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5 billion for economic losses it says were caused by its operations in the country and $2 billion in back taxes, court documents showed on Wednesday.

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Nigeria cracks down on Binance, sues cryptocurrency exchange for $81.5 billion over tax evasion and economic losses

The Federal Inland Revenue Service (FIRS) has launched a legal battle against Binance, seeking a massive $81.5 billion in damages and back taxes. The …

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Nigeria sues Binance for USD 81.5 billion due to economic losses and back tax

Nigeria has instituted legal proceedings against Binance, seeking USD 79.5 billion in damages for claimed economic losses and USD 2 billion for unpaid taxes.

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Nigeria Sues Binance, Takes Another Swing at Exec Tigran Gambaryan

Nigeria has taken another swing and Binance and its ex-executive Tigran Gambaryan, who was detained for eight months.In a new lawsuit, Nigeria is seeking $79.5 billion in damages for economic losses allegedly caused by the cryptocurrency exchange’s operations in the country. Additionally, the government is demanding $2 billion in back taxes. Binance is being blamed for Nigeria's ongoing currency crisis, a claim which originally ultimately landed…