Merely my opinion on the Binance saga
"Oh my gosh" "How could they" "Nigeria
is at it again”. Oh the wailing of many to probably what they
understand little about. Binance executives were recently picked up
when they came to Nigeria to ameliorate the issues the Nigerian
government was having with their platform especially from the
claimed manipulative perspective of the Nigerian currency that was
being traded on the financial platform.
Immediately, on hearing of the arrest, I questioned if the
government had a court order to do this and once, I confirmed they
did, I observed the way the matter would unravel in what I feel was
objective silence. As a legal practitioner, I was shocked that an
international organization cared to do business in Nigeria for so
long and make inordinate profit without legal compliance with local
and international financial laws all under the guise of existing
only in cyberspace.
