Nigeria’s Minister of Information, Alhaji Mohammed Idris, has stated that Binance is involved in aiding criminals and terrorists in money laundering. This allegation adds pressure to Binance, already facing legal troubles in Nigeria.

Binance is charged with money laundering and tax evasion, alongside a staggering $81 billion claim against it by Nigeria. The situation reflects ongoing legal issues the exchange has faced, further complicated by delays in court proceedings.