Global #binance

Binance, the world's largest cryptocurrency exchange, is currently entangled in a multifaceted legal dispute with Nigerian authorities, who have leveled accusations of money laundering, tax evasion, and currency speculation against the exchange.

Over the past six months, investors who purchased the latest cryptocurrency listings on Binance, the leading cryptocurrency exchange, have experienced a collective decline of over 18%.

Binance's security experts have devised a countermeasure against the increasing prevalence of address poisoning scams, which manipulate investors into inadvertently sending funds to a fraudulent address.

Ginger Onwusibe, Chairman of the House of Representatives Committee on Financial Crimes, strongly denied Binance's recent accusation that Nigerian authorities sought a $140 million bribe.

Binance's decision to discontinue support for XRP and TUSD could potentially impact the sentiment surrounding the coin, sparking various speculations about the underlying reasons.

Months after reaching a groundbreaking $4 billion settlement with the Department of Justice (DOJ), Binance, the world's largest cryptocurrency exchange, is still experiencing the lasting repercussions, expected to persist for years.