NSA orders arrest of two Binance executives upon arrival in Nigeria

Nigeria security agents have allegedly arrested two executives of Binance who flew into the country, as government intensifies crackdown on cryptocurrency.

Nigeria has placed some restrictions on several cryptocurrency trading websites over the free fall of the Naira in recent weeks.

READ ALSO: CBN bans cryptocurrency trading in Nigeria

The Binance executives have been detained by the office of the country’s National Security Adviser (NSA), under Malam Nuhu Ribadu, and their passports seized, according to a report by Financial Times.

This confirms recent allegations that the country may be going after crypto traders in its effort to rein in currency speculators.

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