Nigeria’s tax authorities recently filed charges against cryptocurrency exchange Binance for tax evasion, according to multiple media outlets and people familiar with the matter. The incident comes at a time of heightened tensions between Binance and the Nigerian government, leading to the detention of two senior Binance executives by authorities. Reports say one of the top executives has fled and may have left the country. Binance was accused of four counts of tax evasion, including failure to pay value-added tax, corporate income tax, failure to submit tax returns on time, and assisting customers to evade taxes through its platform.

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