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Nigeria Extends Binance Tax Case in High-Stakes Legal Clash

  • Nigeria has postponed Binance's $2 billion tax evasion case to April 30 as the crypto exchange contests the legality of document service.
  • Nigeria claims Binance's P2P trading harmed the economy and facilitated capital flight, demanding $2 billion in taxes and $79.5 billion in damages.
  • Two Binance executives were detained, with one escaping custody and another alleging detention linked to a rejected $150 million bribe.
  • The tax case is part of Nigeria's efforts to control cryptocurrency trading, and the outcome will have potential implications for global crypto regulations in the continent.

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