Following the detention of two executives of crypto platform, Binance, by the Nigerian government, Richard Teng, the Chief Executive Officer (CEO) of the platform has raised an alarm that Nigeria is setting a dangerous precedent.
Teng lamented that its executives were invited to the African country and then detained as part of a crackdown on crypto currency.
Ripples Nigeria reports that Binance, the world’s largest crypto exchange and two of its executives face separate trials on tax evasion and money laundering, which the company is challenging.
