There is very big argument on ground now that, federal government is asking Binance to give the top 100 Binance users and they the federal government will release the arrest Binance staff and right now Nigeria Government is not talking amount the #10 billion naira fine that they asked Binance before again and all their focus right now is the Nigerians that are using Binance. So if you are still using Binance, you better go and remove your account details from the exchange because the pressure Nigerian government is giving to Binance to give them users is very high. And that has been on the discussion for some days now. And that is the only condition for the release of the Binance staff.
And Binance told the government of America and UK that their citizens will go back to their country safety.
So this is like a hostage situation where the Nigerian government is asking $10B for their dispute. The government accused them of devaluing the naira for an illicit flow of funds because of the p2p. As I've read, the Binance executives were brought to a guesthouse after meeting the Nigerian officials, and their security agency guards this house. To which their phones and passports were taken from them.
They have been there for 2 weeks now, I'm sure this has to do with their negotiations.
Seriously, the Nigerian government is demanding $10B for what? This is so crazy. The government is fucking criminals; they are busy doing all this to extort money from Binance. After increasing the amount of money for a local exchange to start up their business. They still want huge amounts of money from the exchange for the damage they themselves caused.
No doubt there is a conspiracy here, and I am beginning to suspect those Binance officials to be helping the government. Obviously, they are receiving some of the best treatment in the custody of the government. I am not surprised that the government has given them beneficial options if the money comes out. Ah God this our country eh.