DOLLAR SPECULATION: FG RUBBISHES BINANCE CEO'S BRIBERY ALLEGATION. (PHOTO).
Dollar speculation: FG rubbishes Binance CEO’s bribery allegation The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m bribe in cryptocurrency to settle the criminal charge against the firm. The NYT on Tuesday reported that on a trip to Nigeria in January, Tigran Gambaryan, a compliance officer with the exchange, received an unsettling message: The company had 48 hours to make a payment of roughly $150m in crypto. Gambaryan, a former United States law enforcement agent, understood the message as a request for a bribe from someone in the Nigerian government. The incident allegedly occurred before Ga
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