Good news or bad news?

The Nigerian government has accused Binance, the world's largest crypto exchange, of tax evasion in 4 different cases. 😅 Binance is accused of not deducting VAT on crypto transactions and helping users ignore their tax obligations.

Additionally, Binance reportedly failed to register with the FIRS to pay the relevant taxes. This matter escalated after one of Binance's executives, Nadeem Anjarwalla, escaped from EFCC custody.

What do you think? Is Binance really at fault or is this just a misunderstanding? Come on, discuss it in the comments column! 👇

Source: CryptoPotato

#Binance #DeFi #NFT #Metaverse #Web3