Nigeria is keeping an American Binance employee in jail – basically until the company pays a $150 million bribe, doxes all domestic users, and shuts off all trading with the naira (local currency).
I dislike KYC/AML processes more than anyone, but this is an outrage.
If they're willing to go this far in saving their failing fiat currency, it won't end well. Probably not a surprise that they were one of the first countries to introduce a CBDC.
I'll be the first to ask: when are we sending the Navy SEALS?
https://www.nytimes.com/2024/05/07/technology/binance-nigeria-tigran-gambaryan.html
Yael / Yaël
npub15d…z3lfc
2024-05-07 11:36:07
Author Public Key
npub15dnln6cukw3yrflnv3hnrntdt9amh0uw466u6tns05ymqp3nal4qzz3lfcPublished at
2024-05-07 11:36:07Event JSON
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"content": "Nigeria is keeping an American Binance employee in jail – basically until the company pays a $150 million bribe, doxes all domestic users, and shuts off all trading with the naira (local currency). \n\nI dislike KYC/AML processes more than anyone, but this is an outrage.\n\nIf they're willing to go this far in saving their failing fiat currency, it won't end well. Probably not a surprise that they were one of the first countries to introduce a CBDC.\n\nI'll be the first to ask: when are we sending the Navy SEALS?\n\nhttps://www.nytimes.com/2024/05/07/technology/binance-nigeria-tigran-gambaryan.html",
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