<ul><li>Nigeria has filed a lawsuit against Binance, seeking $79.5bn for economic losses and $2bn in back taxes.</li><li>Binance had issued a cease and desist notice to a company called 'Binance Nigeria Limited', claiming it was a scammer entity.</li><li>Nigeria accuses Binance of tax evasion and fixing exchange rates, leading to the devaluation of the local currency.</li><li>Binance is also facing separate charges of money laundering, which the company denies.</li></ul>

Nigeria Sues Binance For $81.5bn For Economic Losses, Back Tax

Discover more