‘No Iota Of Substance’ — Nigeria Slams Binance’s $150 ‘Phantom Bribe Claim’

The Nigerian government has denied allegations by Binance that its officials demanded $150m bribe to make problems of the cryptocurrency exchange company in Nigeria “go away”.

Speaking on Wednesday, the Minister of Information, Mohammed Idris, called Binance’s claim a “phantom” and “diversionary tactic” aimed at undermining the Federal Government amid a criminal investigation into the company’s activities in Nigeria.