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Binance Nigeria Limited is scam entity- Binance CEO
  • June 18, 2023
  • Unity Times

The Chief Executive Officer of Binance, Changpeng Zhao, has issued a statement on Twitter on Sunday, June 18, declaring “Binance Nigeria Limited” a scam entity.

The brief statement, reads, “Binance have issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news.”

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Earlier this month, UNITY TIMES reported that the Securities and Exchange Commission (SEC) of Nigeria had stated that Binance Nigeria, a subsidiary of global cryptocurrency exchange Binance, is operating illegally in Nigeria as it is not registered or regulated by the SEC. 

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