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Nigerian authorities seeking a $79.5B penalty against Binance

Nigeria’s federal government has sued Binance for a $79.5B penalty. The government demands $2B in back taxes for 2022-2023. Binance is accused of tax evasion and operating without a license.…

BitMEX hit with an additional penalty following its 2022 guilty plea

BitMEX fined $100M for AML violations following a guilty plea in 2022. The US court also ordered a two-year probation for the exchange. The operator of BitMEX cryptocurrency exchange, HDR…