In Nigeria, the government is once again attacking on Binance. The world's largest centralized exchange in terms of trading volume is accused of allegations of unpaid taxes and the depreciation of its local currency,

Nigeria is filing an $81.5 billion lawsuit against the Binance exchange for $2 billion in tax arrears and $79 billion in economic damages for allegedly making ; collapse Nigeria's local fiat currency . According to information, the Federal Inland Revenue Service (FIRS) of Nigeria a déclaré que Binance had a “significant economic presence” in Nigeria and unpaid taxes from 2022 and 2023. According to reports, the FIRS would also require the payment of 26.75% interest on tax arrears allegedly owed by the company and continues to claim that the & Exchange has contributed to the decline in the value of the Nigerian naira on the foreign exchange markets