Nigeria may seek a $10 billion fine from Binance as retribution as the country believes they “really messed up” the local economy.
The government of Nigeria is reportedly pressing Binance to provide information on its top 100 users in the country amid an ongoing crackdown on the exchange.
In addition to data on Binance’s top 100 users, Nigerian authorities have requested Binance pass their transaction history for the past six months, according to a March 13 report by the Financial Times.
The office of Nigeria’s national security adviser has also asked Binance to resolve any outstanding tax liabilities, the report notes.