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Nigeria Seizes $37M Crypto In Crackdown Amid Binance Lawsuit

source-logo  coingape.com 16 August 2024 22:18, UTC

In a dramatic escalation of its ongoing crypto crackdown, Nigeria’s government has moved to freeze $37 million worth of virtual assets held in digital wallets. This action marks the tightening of crypto regulation efforts amid the Binance lawsuit. The latest move is reportedly aimed at disrupting financial support for a recent wave of nationwide protests.

coingape.com