Nigeria Sues Binance for $81.5 Billion in Unpaid Taxes, Dispute Escalates

A Nigerian court has postponed the tax evasion case against global cryptocurrency platform Binance until April 30th, due to procedural issues regarding service of legal documents. The delay follows a February 11 order that allowed for documents to be served via email; this was subsequently invalidated by the court as Binance’s registration is in the Cayman Islands, and it lacks a physical presence in Nigeria.