Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5 billion for economic losses it says were caused by its operations in the country and $2 billion in back taxes,

Nigeria launched a legal battle against the world’s largest cryptocurrency exchange Binance (CRYPTO: BNB) on Wednesday, demanding $81.5 billion in compensation for purported economic damages and unpaid taxes.

Nigeria’s Federal Inland Revenue Service (FIRS) has sued Binance for $81.5 billion, alleging tax evasion and significant economic losses. The lawsuit claims Binance violated multiple financial regulations and failed to comply with tax requirements.

Nigeria has filed an $81.5 billion lawsuit against Binance, claiming the cryptocurrency exchange operated without a license since 2019 and contributed to the nation's economic challenges, including currency devaluation and tax losses.

Nigeria has filed a lawsuit against cryptocurrency exchange Binance, seeking to compel the company to pay $79.5 billion for economic losses caused by its operations in the country and $2 billion for two years of back taxes,

The Federal Inland Revenue Service (FIRS) of Nigeria has filed suit against Binance, a leading cryptocurrency exchange.

Nigeria has taken legal action against cryptocurrency exchange Binance, demanding $79.5 billion in damages for alleged economic losses and an additional $2 billion in unpaid taxes. ・Nigeria has filed a lawsuit against Binance,