What FG said about Binance bribery allegations against officials

  • The CEO of the cryptocurrency platform, Richard Teng, has alleged that Nigerian government officials demanded a bribe to settle its case
  • Teng disclosed in a blog post that the officials allegedly asked the company to make the payment in crypto
  • However, the Nigerian government has debunked the allegations, calling them diversional and untrue

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.

Binance Holdings Limited has said Nigerian government officials demanded a significant amount to make its problems with the government disappear.