Binance Nigeria Case Update (Scheduled for May 12):
The high-profile tax evasion and regulatory case against Binance in Nigeria was expected to proceed on May 12. It involves allegations of $2 billion in back taxes.
2. Stablecoin Investment Deal with Trump-Linked Crypto:
Binance may be receiving a $2 billion investment through USD1, a stablecoin linked to the Trump family and UAE firm MGX. This is controversial and has attracted regulatory attention.
3. Market Trends:
Binance Coin (BNB) has been trading around $649, with volatility tied to ongoing legal and investment news.
