Binance CEO Summonsed by Nigerian Committee Over Allegations of Terrorism Financing and Money Laundering
The Nigerian House of Representatives Committee on Financial Crimes has issued a summons to Richard Teng, the Chief Executive Officer of Binance Holding Limited, over allegations of terrorism financing and money laundering. The move comes amid increasing scrutiny of cryptocurrency exchanges, with the Central Bank of Nigeria flagging Binance for its alleged involvement in money laundering. Chairman…