In the motion, the lawyer representing the anti-graft agency contended that Binance’s activities in Nigeria contain elements of criminality.
A Nigerian High Court has directed the operators of Binance Holdings to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data and information relating to all persons from Nigeria who are trading on its platform.
According to local news outlet Sahara Reporters, the directive was given in an interim ruling delivered by Justice Emeka Nwite on Feb. 29 following an ex parte motion filed against the cryptocurrency exchange platform Binance by the EFCC.
An ex parte motion is one in which only one party is present, and the defense is not given prior notice of the motion, preventing them from presenting an argument.
