A Nigerian tribunal upholds a $220M fine imposed on Meta in July 2024 for discriminatory and exploitative practices against Nigerian consumers
Nnaemeka Onyekachi / Nairametrics :
A SCOTUS decision means that the US now legally owns the 69,370 BTC obtained during its Silk Road probe; the ex-IRS agent who seized them is in a Nigerian jail
The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US.
A US court fines Dozy Mmobuosi, the founder of Tingo, which sells phones to African farmers, $250M+ after the SEC said he inflated financial performance metrics
WHEREAS Plaintiff Securities and Exchange Commission (†… TechCabal : Tingo Group CEO Dozy Mmobuosi must pay over $250m after inflating financial performance X: Abubakar / @iatalkspace : The business...
A Nigerian court adjourned a money laundering trial against Binance and two of its executives to June 20 due to health issues of one executive, Tigran Gambaryan
Camillus Eboh / Reuters :
Nigeria's Information Ministry says Binance CEO Richard Teng “made false allegations of bribery” against unnamed Nigerian officials, after a $150M bribe claim
- Government says allegation ‘lacks any iota of substance’ — Binance under pressure amid focus on crypto role in naira woes
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a ~$150M crypto bribe request, prior to his arrest
A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
FTX US tells users to close out positions as it may halt trading in days, hours after SBF said FTX US is “100% liquid”; some Tron-linked tokens can be withdrawn
eg. Bahamas account creates an NFT, the stuck user buys the NFT with their full balance. https://twitter.com/... @statelayer : lots of sizable withdraws hapenning in the last hrs (this is USDT) , peop...
As Nigerian ISPs comply with government's Twitter ban blocking the service, the country's AG threatens prosecution of those trying to circumvent the ban
Nigeria's attorney general Abubakar Malami Saturday said the country will prosecute those who flout the government order to deactivate operations …
As a Nigerian man was sentenced to death on Zoom, a look at how virtual court hearings are becoming the new normal in legal proceedings around the world
Kechi Nomu / Rest of World : Tweets: @cengizyar , @namlyd , @kemnomu , @chengela , @pribellini , and @raju Tweets: Cengiz / @cengizyar : This year has seen a lot of firsts on Zoom, but a death senten...
A Nigerian man with 2.4M Instagram followers, who allegedly conspired to use hacked email accounts to trick others into sending money, was extradited to the US
A Nigerian social-media celebrity was extradited to the U.S. from Dubai to face fraud charges. Tweets: @alykhansatchu and @alykhansatchu Tweets: Aly-Khan Satchu / @alykhansatchu : Nigerian Instagram S...