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The Journal.
How Two Binance Employees Ended Up Detained in Nigeria
Mar 18, 2024
Listen to the story of two Binance employees detained in Nigeria, accused of manipulating currency. Discover the clash between the Nigerian government and Binance over currency values. Experience the unexpected turn during a business trip leading to detainment and uncertainty for the employees.
20:34
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Quick takeaways
- Two Binance employees detained in Nigeria without charges, shedding light on crypto's role in currency collapse.
- Cryptocurrency adoption in Nigeria increases due to economic challenges, positioning Binance as a key trading platform.
Deep dives
Binance's Meeting with Nigerian Officials
Andrew Walla from Binance travels to Nigeria to meet with government officials regarding accusations of manipulating the country's currency. Despite being a routine trip, this visit takes a concerning turn when Walla and his colleague from Binance are escorted to a secure compound after unsuccessful meetings with Nigerian authorities.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode