A deputy director at the Central Bank of Nigeria (CBN), Olubukola Akinwumi, explained on Friday how Nigerians trading on Binance Holdings Limited’s platform use false names in the transactions.
Mr Akinwumi, who is the Economic and Financial Crimes Commission (EFCC) ‘s second prosecution witness in the ongoing trial of the cryptocurrency firm and its executive, Tigran Gambaryan, said this in his testimony before the trial judge, Emeka Nwite, of the Federal High Court, Abuja.
The News Agency of Nigeria (NAN) reports that the EFCC had filed five counts against Binance and Mr Gambaryan (1st and 2nd defendants) bordering on money laundering offences.
