The US Supreme Court on Monday rejected an appeal by Binance and its former chief executive Changpeng Zhao after the Second Circuit ruled that US securities laws apply to the cryptocurrency exchange even if it has no physical headquarters. Since 2023, Binance and its founder Changpeng Zhao have been facing legal challenges.
Nigeria's Minister of Information, Mohamed Idris, has said that the trial of Binance and its executive, Tigran Gambaryan, for conducting illegal cryptocurrency transactions in Nigeria is in line with the country's legal process. He noted that Binance will have the opportunity to defend itself in court against serious financial crime charges, with the next hearing scheduled for June 20, 2024. Previously, 12 US politicians issued an appeal to US President Joe Biden, urging the US government to use...