Nigeria will copy this

Binance has provided a safe haven for big criminals including kidnappers & politicians.

ozo13:
west and east Africa to me can't be said to be a branch sir.He call the shot in almost 30 countries sir.

Oga he is an employee not the business owner. Haha!! Why common sense so rare over here

These are two different nations and circumstances. Binance was not registered in Nigeria yet making transactions. Binance registered and operates in the United States of America. When a lion wants to catch a monkey or any animal, he lays hold on the baby to attract the mother.

jmoore:
Notice the clear difference.

USA went after the founder, while Nigeria is after the workers.

You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable.

The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria.

I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited.

It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff.

seunmsg:
Americans are just jealous and scared of CZ’s success. His only crime is his Chinese ancestry and nothing else. If he’s an American, they would be celebrating him today. The mistakes of the initial days of Binance has been rectified and he has paid billions in fine already after cooperating with regulatory authorities over the years. Why ask for double the normal prison term for him?

The court should reject the request and place him on probation. He’s no threat to the society in anyway and he’s even stepped down as CEO of Binance. Enough of the witch hunt.

Unfortunately your opinion does not matter. They that know better than you, and who have jailed many of their own Whitemen for financial frauds, have taken their own decision. So what are you going to do about it?

And besides, an admission of guilt does not necessarily means an exemption from punishment.

Great0ne1:

Oga he is an employee not the business owner. Haha!! Why common sense so rare over here

u are an idiot.if u as an employee that can give directive in 30countries and one of the countries feel ur business is affecting it own progress, there isn't anything wrong to ask you to come answer questions.for being undiplomatic and using insulting words show Ur level of maturity in online space.

JimohMomoh:
CZ the boss himself. Many years ago when trading of cryptocurrency looked like rocket science, this man made it simple as ABC. Millions of people in Nigeria owe him thanks because he made the 8 years of Buhari's disastrous Government not to affect them.

Instead of running to China to hide, he took a bullet for us and his company Binance not to be liquidated by paying billions of $dollars in fines to SEC.

Everyone make mistakes in life and the mistake you made was opening a branch in the United States and allowing people without KYC to trade on your platform in it's early stage.

Serve your prison sentence in peace and you will come out a world hero.

I still use your exchange daily and I am a BNB hodler which I use to farm launchpool coins.

God bless him, I know several guys who would have gone into crime if not crypto, I didn't benefit directly but many young dudes built houses, got married started other businesses because of binance, he is indeed a blessing

Mrhonesty:
These are two different nations and circumstances. Binance was not registered in Nigeria yet making transactions. Binance registered and operates in the United States of America. When a lion wants to catch a monkey or any animal, he lays hold on the baby to attract the mother.

No matter how you want to flip it, only the CEO is liable.

You only ended up describing the jungle mentality of 9ja police where they arrest a woman because the husband who is a suspect could not be found.

Great0ne1:

Oga he is an employee not the business owner. Haha!! Why common sense so rare over here

Whether he is an employee or not, he certainly know that crimes (money laundering and racketeering) are being committed through his company platform, what did he do about this?

Conspiracy and knowing a crime is being committed and not divulging it is liable to prosecution in law. So the remaining culprit has been arraigned for his complicity, let the court determine his case.

jmoore:

Branch manager is not the CEO. You cannot hold a branch manager liable.

according to law or what.Dont say what you know little about.why can't a branch manager hold liable if his branch commit an infraction .so if a branch manager committed an offence in a state or the regulatory bodies noted there was an infraction in a particular state, are you telling me the law doesn't permit such a manager to be call to come and answer questions

jmoore:
Notice the clear difference.

USA went after the founder, while Nigeria is after the workers.

You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable.

The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria.

I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited.

It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff.

We noticed that you are a very knowledgeable being.
You know so much and far more than the security officials.
In a sane country, you should be heading NSA and EFCC together because you are so intelligent.
Please keep screaming here on nairaland, the whole world really cares about your opinion. Can’t you see we all log on to nairaland just to wait for your comments! Even BBC and CNN have undercover agents here on Nairaland waiting everyday for your intelligent opinions .
And thank you for always talking, you just made my day and I’ve shown this comment to my boss, I’d be getting a promotion in the office because my boss went into tears when he read so much genius comment on one day

Osiris12:
Cryptocurrency is something that is based on fraud.

Just like forex trading. A lot them are fraudsters .

Some people go just dey gain anyhow with offering anything of value to the system

Ignorance na you do this one

Witch-hunting everywhere because he's Chinese! May Allah bless Binance and CZ.

JimohMomoh:
CZ the boss himself. Many years ago when trading of cryptocurrency looked like rocket science, this man made it simple as ABC. Millions of people in Nigeria owe him thanks because he made the 8 years of Buhari's disastrous Government not to affect them.

Instead of running to China to hide, he took a bullet for us and his company Binance not to be liquidated by paying billions of $dollars in fines to SEC.

Everyone make mistakes in life and the mistake you made was opening a branch in the United States and allowing people without KYC to trade on your platform in it's early stage.

Serve your prison sentence in peace and you will come out a world hero.

I still use your exchange daily and I am a BNB hodler which I use to farm launchpool coins.

You refused to comment on his crime mentioned above
Blood of innocent killed will avenge

jmoore:
Notice the clear difference.

USA went after the founder, while Nigeria is after the workers.

You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable.

The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria.

I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited.

It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff.

US went after him cause he personally violated the rules, don't just read the news give it to someone that can explain to you

Nigeria went after the representatives of binance that connived with saboteurs ...there is no difference here

If my bank officer in fidelity bank misappropriate my money, he is the one that will prosecuted not fidelity CEO

The law is not stupid, naa finger wey err king go cut

If it's Nigeria,they would say it's media trial.

They would say they want to prosecute him in the media before he finally prosecuted in the court of law.

They would leave the criminals completely and start attacking institution of government.

tradepunter:
I knew all these crypto will eventually be used for criminal activities.... Can you imagine taking allowing every low life criminals and terrorist to channel money how they like and the way they want .....

Bloda sofely with the display of ignorance now, crypto transactions are trackable

Omoawoke:


We noticed that you are a very knowledgeable being.
You know so much and far more than the security officials.
In a sane country, you should be heading NSA and EFCC together because you are so intelligent.
Please keep screaming here on nairaland, the whole world really cares about your opinion. Can’t you see we all log on to nairaland just to wait for your comments! Even BCC and CNN has undercover agents here on Nairaland waiting everyday for your intelligent opinions .
And thank you for always talking, you just made my day and I’ve shown this comment to my boss, I’d be getting a promotion in the office because my boss went into tears when he read so much genius comment on one day

I think say na only me dey read the nonsense he dey type

A 3 year jail term seems excessive to me

Olachase:
So this guy is worldwide wanted

Local man is tired 😩😩😩

Omo to get brain way fit read and comprehend they very important o

kingolu1:
That's a good one, you will never see USA citizen criticizing their Government over this,but somewhere you will see their citizen in a large debate try to make excuse for the victim, there's nothing legit about Binance or any crypto.

Ignorance na you do this one

ozo13:
the man asked a pertinent question.what service do they offer sir and why is US jailing the most Senior man of the company.If convicted of fraud , then one can easily say what the company represent is fraud since the inventor or the main man has bn convicted of people can make money from it ooo but the truth must always be told

Another senile and incoherent buff**n don drop quote

Mrhonesty:
[s]These are two different nations and circumstances. Binance was not registered in Nigeria yet making transactions. Binance registered and operates in the United States of America. When a lion wants to catch a monkey or any animal, he lays hold on the baby to attract the mother[/s].

Wetin be this

ozo13:
the man asked a pertinent question.what service do they offer sir and why is US jailing the most Senior man of the company.If convicted of fraud , then one can easily say what the company represent is fraud since the inventor or the main man has bn convicted of people can make money from it ooo but the truth must always be told

If you'd taken time to read thru the write up, you won't be asking these questions, but no, you guys don't read.

According to you guys, if the president of a company is convicted of fraud, it surely translate to the fact that the company is fraudulent?

Why's is U.S not going after binance if it's a fraudulent organisation?

See ehh, you guys should try and read up things about Forex you know nothing about instead of coming out to expose your ignorance

theredaddy:


US went after him cause he personally violated the rules, don't just read the news give it to someone that can explain to you

Nigeria went after the representatives of binance that connived with saboteurs ...there is no difference here

If my bank officer in fidelity bank misappropriate my money, he is the one that will prosecuted not fidelity CEO

The law is not stupid, naa finger wey err king go cut

You fabricate something and you are mentioning law.
How did the binance staff connive? You obviously won't have a correct answer to that.

Some people sef

jmoore:
Notice the clear difference.

USA went after the founder, while Nigeria is after the workers.

You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable.

The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria.

I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited.

It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff.

You really don’t know what’s going on. US went after him because at the time the crime was committed CZ was the CEO of Binance. He resigned in 2022 so how do you expect Nigeria to go after him.

jmoore:
Notice the clear difference.

USA went after the founder, while Nigeria is after the workers.

You cannot arrest and prosecute a bank cashier for the actions of a banking institution, you should hold the CEO liable.

The stubborn ignorance of NSA, EFCC, FIRS and other agencies involved in the arrest and prosecution of the binance staff will disgrace Nigeria.

I am laughing at their useless propaganda that the one that escaped has been arrested and will be extradited.

It is only in Nigeria that a police will arrest a relative of a suspect because they could not find the suspect. They used same stupid mindset to kidnap the binance staff.

You people must find something to criticize Nigeria, some of your types even questioning the authority of FGN on arresting of Binance directors.

A sadistic minded citizen can never be patriotic to its state.

ninetiethcrown7:


You really don’t know what’s going on. US went after him because at the time the crime was committed CZ was the CEO of Binance. He resigned in 2022 so how do you expect Nigeria to go after him.

If you can't go after the CEO, then focus on other things and not kidnapping the workers.

Osiris12:
Cryptocurrency is something that is based on fraud.

Just like forex trading. A lot them are fraudsters .

Some people go just dey gain anyhow with offering anything of value to the system

You're an ignorant fellow so I'll leave you to your illiteracy

adamusuleiman1:


https://www.reuters.com/legal/us-seeks-36-months-jail-binance-founder-zhao-2024-04-24/

Wirinet..... Here again....
You know I told you how hesitant I am about anything crypto.

allanphash7:
Binance that some f00ls are supporting in our country
I SMH for the brainless youths we have in 9ja
Just because someone of your choice didn't make it up with the election doesn't mean the country will not progress nah

Se won ti e sepe fun yin ni?

Ha ba

You're a fool. Why do you fools equate everything to election? You mean no tinubu or Atiku supporter trades crypto?

There's nothing worse than foolishness coupled with ignorance