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Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?

Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance. On June 9, the Nigerian Securities and Exchange Commission (SEC) order...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?
Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance.
On June 9, the Nigerian Securities and Exchange Commission (SEC) ordered Binance to halt its operations of the local entity in the African country. 
The SEC said in its circular that the exchange was courting local investors through an illegal website. ...
Read More: Binance Takes Legal Action Against Fraudulent Nigerian Entity – What's Going On?

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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