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Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000

Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000



A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government. The latest court decision came just a few months after other crypto firms, Paparaxy Global Ventures […]



Source: https://news.bitcoin.com/nigerian-crypto-crackdown-two-more-firms-convicted-forced-to-cough-up-30000/

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