Cryptocurrency giant, Binance says it will not discuss paying the Nigerian government either to restore its services that were cut off recently or free its executives.
According to gazettengr, Binance Holdings Ltd said on Friday that it was not in any talks with the Nigerian government about potentially paying up to $10 billion in fines, contradicting a government spokesman’s statement to the BBC hours earlier.
“We recently discussed ways to resolve issues with Nigeria, but we did not hear any demand for $10 billion.”
“Our aim is to chart a good relationship with the government and the people of Nigeria. We want to see our services restored in Nigeria very soon, but we have no intention of paying fines for personnel or services,” the statement read.