Don't Miss: Grab Rewards with YESCOIN Telegram Airdrop! Step by Step Guide to Earn Free YESCOIN Tokens
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YESCOIN's Telegram Airdrop is a golden opportunity to earn rewards with minimal effort. Follow these simple steps, follow the updates, especially do not miss the news about Binance listing and start earning. Don't miss this opportunity—it could be your next big crypto win! Start clicking now and start earning with YESCOIN!
🚨🚨🚨🚨🚨 Nigeria Detains Two Binance Executives Over Alleged Tax Evasion, One Flees 🕵️♂️💸 $BNB
Two top Binance executives have been detained by the government, with one fleeing. According to local media reports, Binance, the world's largest cryptocurrency exchange, is accused of tax evasion by Nigerian authorities.
The charges against the two detained Binance executives were disclosed by the Federal Inland Revenue Service (FIRS) and presented to the Federal High Court in Abuja. The exchange is accused of four different types of tax evasion, including "non-payment of Value Added Tax (VAT), Corporate Income Tax, failure to file tax returns, and complicity in helping customers evade taxes through the platform." Reports emerged weeks ago that the Nigerian government had invited Binance executives to discuss the situation in the country, but the executives were unexpectedly detained. After weeks of investigation, the government remains resolute in its belief that the platform has laundered billions of dollars in suspicious funds and has impacted the local currency, the naira.
Bayo Onanuga, a presidential spokesperson, told Bloomberg in an interview that one of the detained executives, Nadeem Anjarwalla, has fled. According to Reuters, the country is working with Interpol to issue an international arrest warrant to locate Anjarwalla, who serves as Binance's regional manager for Africa.
FTX Eyes Negotiations with US Government Over Bankruptcy Claims 🤝💰
Crypto exchange FTX is aiming to negotiate a reduction in the US government's bankruptcy claims to as low as $3 to $5 billion. According to court filings in Delaware bankruptcy court, FTX is looking to bargain down the US government's bankruptcy claims to between $3 to $5 billion. In response to claims by FTX founder Sam Bankman-Fried that the company could "fully" repay its debts and thus should receive a lenient prison sentence, court documents outlined these estimations. However, FTX's current CEO John Ray refuted Bankman-Fried's claims in court filings, stating that such statements distorted the situation. Last week, federal prosecutors stated that following Sam Bankman-Fried's conviction for defrauding customers of the bankrupt FTX cryptocurrency exchange of $8 billion, he could face a sentence of 40 to 50 years in prison. FTX Declared Bankruptcy in November 2022 Crypto exchange FTX filed for bankruptcy in November 2022, with CEO Sam Bankman-Fried resigning. Bankman-Fried was arrested in the Bahamas in December following the US indictment. He denied the "fraud" charges, claiming he made mistakes but never aimed to steal funds. In his court testimony, he maintained he acted in good faith and believed his actions were in line with policies prepared by FTX lawyers.
Read, Explore, Get Crypto-Ready! 💡💼📈 Stay Ahead with Those Who Infuse the Financial Markets with Crypto Vibes! 🚀💰 #CryptoExcitement #HotTrends $BTC $ETH $BNB