Binance CEO, Changpeng Zhao, recently made headlines by exposing a controversy involving a $150 million bribe with Nigeria. The Nigerian government allegedly demanded this large sum of money from Binance, a leading cryptocurrency exchange, leading to a dispute between the two parties.
The situation escalated when the Blockchain Association of Nigeria (SIBAN) urged Binance to disclose the names of the government officials involved in the bribery scandal. SIBAN's request for transparency aimed to hold the Nigerian government accountable and ensure that the truth behind the allegations was revealed. However, the Nigerian government promptly denied the accusations, dismissing them as part of an international campaign to discredit the government's reputation.
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