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Binance CEO expresses concern over detention of top official by Nigerian govt

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The CEO of global cryptocurrency exchange platform Binance, Richard Teng, on Tuesday expressed deep concern over the Nigerian government’s decision to detain one of its employees.

In February, two of Binance executives, Nadeem Anjarwalla and Tigran Gambaryan, arrived in Nigeria to negotiate with the Nigerian authorities amid a crackdown on the crypto platform.

Earlier, the Nigerian government had blocked the online platforms of Binance and other crypto firms to halt what it described as continuous manipulation of the forex market and illicit movement of funds.

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