‘False, Diversionary’: Nigeria Denies Bribery Allegation by Binance Executive 

The statement addresses a blog post by Binance CEO Richard Teng, which alleges that Nigerian government officials demanded a $150 million cryptocurrency payment to resolve a criminal investigation against the company.

“The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations.