Reps summon Binance boss over alleged terrorism financing
The House of Representatives Committee on Financial Crimes has summoned the Chief Executive of Binance Holding Limited, Richard Teng, over alleged terrorism financing and money laundering.

The chairman of the Committee, Ginger Onwusibe, on Friday, at a panel, issued a seven-day ultimatum to the management of Binance Holdings LTD., to appear before the committee on or before March 4, 2024.

Binance, an online exchange where users trade cryptocurrencies, has been flagged by the Central Bank of Nigeria to have been involved in money laundering amongst other things.