Topic: Government demanding from Binance the lists of its Nigerian users (Read 1242 times)

All this attempts will not hold water if Federal Government fails to the right thing , Since that they've held Binance executives hostage for quite some months now ,What have they done to other exchanges or is this just only targeted on Binance?.

 Because I'm quite sure that majority of Nigerian Bitcoin enthusiasts and traders have resorted to using other platforms for their transactions, things can't stop this way ,If they can't put measures in place to strengthen the Naira, by increasing local production and thus increase exportation, build factories or things that will attract foreign investors, it only just a matter of time the Naira will further depreciate against the United states dollars, the real impact of this Naira appreciation hasn't been priced into the economy.

Even as of today the Naira is trading at $1/#1390 against the dollar, And since the IMF news about the CBN is only defending the Naira with the dollars in their reserves, that the recent Naira strength has no real impact to the economy, we've seen Naira began to lose its gains, whilst the price of goods and services are still on the increasing side.

EFCC said Court should disregard Tigran Gambaryan bail application

You can read it in full: https://punchng.com/how-binance-executive-planned-prison-escape-applied-for-new-us-passport/



If all these are true, I do not think Mr Gambaryan will be granted bail.

Sorry this is coming late, I just saw it. I've responded to many similar stories and I must say with all emphasis that the Nigerian government are just unspeakable in reasoning and I wonder what they stood to gain eventually because the way I see things, Binance will not yield anymore. If they like, they should jail the Binance executives, nothing will happen, and in the end, Binance would compensate them as though they were still actively working and would treat it as though they are being vilified on the official ground. They came to Nigeria as the representative of Binance before the Nigerian government "kidnapped" them with their rascality that would amount to nothing.

As I've always said, Binance is not the only country dealing with Nigerians and many are not registered in Nigeria. I am also certain that many countries' citizens are dealing with Nigerian businesses without the Nigerian business having any presence in their country despite financial flows happening. So what? The Nigerian government should have used their senses in this case instead of playing towards the path that would make them lose totally. I wonder about their (government) gain when those guys served their jail terms and still earned nothing from Binance which has claimed many times that it does not have any presence in the country.

Besides, I feel for the absconded guy who has now been rearrested in Kenya, he should have run to a better country than Kenya, he should have learned from Nnamdi Kanu that such a country is shameless, nothing so different from Nigeria. I wonder on which ground the guy would be arrested if he is in Europe and other good countries. Nevertheless, I am disappointed about what Binance is doing through legal means to stop the extradition, even if they lose, they should have at least tried, and not let this political rascality continue unabated.

As for the Nigerian names requested, since they refused to work with Binance, now to what gain? The company they never allowed to cooperate with them? I think they will get that in their dreams. This is especially true as they have lost all jurisdiction rights since Binance has stopped all NGN transactions.

First thing, the Nigerian government are not being professional at all by any means, because i see no reason why they will have this same business executive escaped through the boarder down to Kenya without any clew when we have all the securities available, yet he escaped from Nigeria down to Kenya before he was later been apprehended by the Authorities in Kenya, this gives me thoughts if we are actually safe and being secured at all or we are been deceived instead by the security operatives and government, if something like this could actually happened.

Waiting federal government want, waiting them wan use am do if not be thief wey federal government be, me with my own hard earned money na e one stupid federal government go Dey disturb my life, Binance no go even try do that rubbish with them na, because even if them get the list na steal them go steal people money, but I Dey wonder ooh, what is the meaning of this, this thing start from the day wey I see dollar enter 1900 naira and the federal government say make them no allow Nigeria use Binance again, say na because of dollar na E make things price high for the country, see our government na big criminal and by god grace them no go see waiting them want.

The most painful part be say upon all this thing wey happen, nothing change for the country, the price of things are getting high everyday, I don talk am before say if things price rise for Nigeria it will never go down, and look at it now, E even better make dollar no come down because I no see why dollar come down and nothing change, person just Dey see different shege banza for Naija everyday.

Let us see what will happen. Nnamdi Kanu is an agitator demanding for Biafra nation. Court ordered him after he was released from prison not to appear among many people. He disobeyed and he wanted to be arrested again which made him travel abroad. He was left alone abroad until he traveled to Kenya. Kenya may see it as an offence which led to his extradition to Nigeria. But about Nadeem Anjarwalla, we do not know what will happen yet as they were not wanted when they traveled to Nigeria. I do not know much about law and order but let us see what would happen.

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Court to hear Binance executive’s bail application Tuesday

Justice Emeka Nwite, has adjourned till Tuesday (which is tomorrow) to hear the bail application of the detained Binance executive, Tigran Gambaryan.

https://punchng.com/court-to-hear-binance-executives-bail-application-tuesday/

I no know whether to call this a good news or bad news so. Whichever way so, the binance executive extradition to Nigeria go bring so many questions on how he was able to escape from Nigeria's custody.

The question that will be asked, na who and who aided his escape cos I believe sae so many top politicians and policemen go d highly involved for em escape, which them collect bribe for. However Kenya no be a country to go if you know sae your name d for the black book of the Nigerian government cos you see you, see extradition to Nigeria. For example extradition of Nnamdi Kanu from Kenya to Nigeria

Make we see how this one go play out, whether na to grant am bail, or without bail until em serve for prison for months before he will be released

Kenyan police arrest Binance executive who escaped from Nigeria

Binance executive, Nadeem Anjarwalla has been arrested in Kenya and there is possibility that he will be extradited to Nigeria.

The Binance case has been adjourned to May 17.


Binance has also been charged with money laundering:


The second link is the main source
https://cointelegraph.com/news/binance-tax-evasion-trial-moved-to-may-17-in-nigeria
https://businessday.ng/news/article/nigerian-court-adjourns-binance-and-executives-tax-evasion-trial-to-may-17/

Everyone of us go de alright if we de only follow these legit projects and always becoming patient, there's more incoming promising projects, just hold your ground and things go de turn your favour small small. The whole matter tire me, but how man go do na? But to succumb to the current state of the country and pray for am to better. But anyhow e bad reach, Man go still survive.  Regarding this Binance, this is one of the most organized, popular and secure crypto exchange in the world but Nigeria have succeeded in ruining the future plans and it have affected everyone.

No be only Nigeria wey Binance dey operate illegally, Binance no dey registered for Philippines, wetin deir govt do about am? Di govt blacklist binance url and also block deir app on Playstore. Why dem no find somebody to arrest, if binance no say di Filipino market dey important to dem, dem go do di needful. Na wetin I expect from Nigeria govt and no be to resort to dis illegal arrest and bullying, dem dey give us bad name. Even the wife of di detained binance staff don speak out dey discourage foreign investors from coming to Nigeria.

No mata wetin dem do naira no go fall reach 1k.

According to the Binance spokesman about the case, he said the charges against Gambaryan who is the Binance staff is  “meritless" and that means the charges are not supposed given to him because he dey innocent of the charges. Therefore it is nonsense for him to be in the Kuje prison or the correctional center. And why Nigeria government dey vex be say, from di outset Binance company refused to collect license for di company so when dem dey shey him dey innocent dey make Nigerian government dey vex well well.

Last last everything go still settle down. Make we dey see weti go happen. Naira still dey high. If na di way hom take fly go up an him for take come down, but now him for don reach 400 naira sef.

CZ the owner of binance Will never agree to release any names because if he does that, that's the finish point of his company because I learnt 95% of Nigerians are into binance so if he released the name he has cast his work ,but to me federal government should try their best to put an end of this matter because if really is binance that make Nigeria currency to be high that means it will be put to an end yes,let FG restrict all the users of Bitcoin bbinanc

Demanding for the list of binance Nigerian users is unjustifiable in this course by the Nigeria federal government in their bid fighting to stabilize the naira value.

 What do they want to use the list of names for?

There's every tendency that at the release of such data from binance into their hands many users will be victimize and unlawful suppressed through the use of government power based on what size of money they have starched in cryptocurrency or stable coin.

There are other legal ways they the government can go about their case with binance and this one isn't one prudent way among many.

I agreed with you but according to the news, the one that escaped was kept in the house and it was house arrest so when the Ramadan fasting and praying came, he was also there praying and from there guyman tuama and bypass all the protocol to is country. Really this matter e no dey clear at all. And do you know that it is the American citizen that was left behind? Oya think of it, they are fighting dollar to be reduced and held back the American citizen. What is in your mind?

They want American government to respond and reduce their Currency exchange rate in the country and right now they have send di guy to prison. Nigerian government will never tell the public the truth behind this issue.

The way our government they handle this matter no make sense at all, this is violation of human rights and the charges they have is against Binance and not this individual. Binance don already talk say this man no dey in any decision making position of the exchange, so what is the sense in hodling him back in Nigeria for many weeks now.

That being said, transferring him to Kuje prison is just flat-out crazy (if true), this man came into Nigeria of his own accord, he was not compelled or forced to come into the country, reports have it that they came for negotiations with the government, if we didn't want to negotiate, we should have just turned it down and allowed them return to their country. This whole saga has put Nigeria on the spotlight, but for the wrong reasons as usual.

I guess the government heard a story about a country who use this same pattern to make huge amount of money from binance in their country when they entered their country illegally, but since the incident happened to binance official they reorganize themselves never to fall victims to any government again.

  Since our government has failed to take the right action by bringing the CEO of binance to the round table to negotiate about some of the illegals activities that is be going on in the country with binance, and it has caused their fiat money not to be value in the country.

 I  believe the binance CEO i know will respond to the government in a positive way to find solution to their situation and the government will be happy with binance officials.

With this that has been happening already, i seem not to believe in everything the government gives as report because most of them are not as the real case is, two people cannot be in custody and one escaped from them and the other left behind, this looks more of being planned, well, am not to judge on that, but we need to see things beyond what we are just hearing from the media on how possible could they be true, except they show us the other detained representative, i will not believe it was only one who escaped.

My brother how is it possible that they excape without proper arrengement this country self, Wonder shall never sieze to happen in Nigeria at all,while did they even sieze them for the first place,you sieze foreigners ,maybe the country has passed a serious warning to your so call president if anything should happen to them that Nigerians will finish,I know that will be what will happen.i  laugh in Chinese for them  ;Dmr president

We know say Gambaryan na the wrong guy because no be him dey call the shoots at Binance, him no even dey among the top executives but arresting him na the only way Nigerian government fit hold Binance by the balls. Nigerian government no sabi wetin be legal channel, their name na bully, dem dey show the international community how dem dey take treat their citizens.

Many ways take dey to resolve this issue but dem resort to this. Nigeria na one of the top crypto nations for the world and many exchange dey interested in the Nigerian market. I believe say if to say dem been yan well, the two representatives for relay the message back to Binance but dem dey fear say Binance go exit Nigeria without dropping anything naim make dey use this approach. Our government dey fall our hands, dem suppose ask US how dem take do am with CZ