Binance’s head-spinning response to $81bn penalty deepens clash with Nigeria: a timeline

From dlnews.com

After months of quietly enduring Nigeria’s three-pronged legal prosecution, Binance finally made a move. On Monday, the crypto exchange urged a Nigerian court to invalidate a staggering $81 billion penalty sought by tax authorities for operating without a licence. The reason why was shockingly prosaic — Binance’s lawyer said prosecutors had failed to notify the company of the action because they used the wrong email address. This violated procedural rules, Ckukwuka Ikwuazom, Binance’s attorney at the hearing, told the court. What happens next may determine whether the world’s largest crypto exchange will ... (full story)