Wednesday December 18, 2024

Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms

by Terence Zimwara October 16, 2024 1 min read

(Originally posted on : Bitcoin News )

The Nigerian government received nearly $100,000 from two cryptocurrency firms accused of conducting unlicensed conversions of tether (USDT) to naira and vice versa. The two Nigerian cryptocurrency firms, Paparaxy Global Ventures Limited and Lemskin Technologies Limited were accused of operating without a banking license. Plea Agreement The Nigerian Federal Government recently received nearly $100,000 (NGN160 […]

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