A committee of the Home of Representatives has resolved to situation warrants of arrest towards executives of cryptocurrency platform, Binance.
The Committee on Monetary Crimes made the decision on Monday throughout a listening to on a petition introduced towards the crypto agency.
That is the most recent in a sequence of clampdowns towards the corporate by the Nigerian authorities.
It might be recalled that the Nigerian authorities reportedly arrested two Binance executives over alleged cash laundering and terror financing.
The Chairman of the Committee, Obinna Ginger dominated that the Committee would advocate to the bigger Home for the executives of Binance to be arrested.
He defined that the warrant of arrest is to make sure that the manager seems earlier than the lawmakers.
Senator Ihenyen, the lawyer to Binance, appeared earlier than the Committee on behalf of his consumer and introduced a written tackle, nevertheless, the lawmakers rejected his illustration.
Ihenyen mentioned the board of the corporate is petrified of coming to Nigeria over the worry of additional arrest by the federal government.
