{"id":116548,"date":"2024-04-21T10:25:46","date_gmt":"2024-04-21T09:25:46","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms"},"modified":"2024-04-21T12:36:05","modified_gmt":"2024-04-21T11:36:05","slug":"naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms","title":{"rendered":"Naira vs Dollar: EFCC resumes clampdown on Binance, other cryptocurrency platforms"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Economic and Financial Crime Commission, EFCC, has continued its crackdown on Binance and other cryptocurrency platforms amid the recent marginal surge of the Dollar against the Naira in the foreign exchange market.<\/p>\n<p>The spokesperson for the EFCC, Dele Oyewale, confirmed the crackdown.<\/p>\n<p>He said that the Commission was doing everything lawful to ensure sanity within the country\u2019s forex market.<\/p>\n<p>Naira dropped three times against the Dollar last week in the foreign exchange market after months of sustained appreciation.<\/p>\n<p>Reacting to the Development, Oyewale said, \u201cThe commission is doing everything within the ambit of the law to ensure that there\u2019s sanity in the Nigerian foreign exchange market.\u201d<\/p>\n<p>The Commission recently took over the case of Binance\u2019s alleged fraud offence from the office of the National Security Adviser, who had since February 26 held two of the firms\u2019 executives, Nadeem Anjarwalla and Tigran Gambrayan, in custody.<\/p>\n<p>However, Nadeem Anjarwalla escaped from custody in Nigeria in March.<\/p>\n<p>While the Nigerian government vowed to extradite Anjawalla, Gambrayan was arraigned in court in April for alleged tax invasion.<\/p>\n<p>The government had consistently blamed currency speculators in cryptocurrency platforms as the Dollar rose against the Naira.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Economic and Financial Crime Commission, EFCC, has continued its crackdown on Binance and other cryptocurrency platforms amid the recent marginal surge of the Dollar against the Naira in the foreign exchange market. The spokesperson for the EFCC, Dele Oyewale, confirmed the crackdown. He said that the Commission was doing everything lawful [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":116546,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,10570,2914,68,8157,254],"class_list":["post-116548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-binance","tag-cryptocurrency","tag-efcc","tag-naira-vs-dollar","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Naira vs Dollar: EFCC resumes clampdown on Binance, other cryptocurrency platforms - Nigeria<\/title>\n<meta name=\"description\" content=\"The Economic and Financial Crime Commission, EFCC, has continued its crackdown on Binance and other cryptocurrency platf ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naira vs Dollar: EFCC resumes clampdown on Binance, other cryptocurrency platforms\" \/>\n<meta property=\"og:description\" content=\"The Economic and Financial Crime Commission, EFCC, has continued its crackdown on Binance and other cryptocurrency platf ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-21T09:25:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-21T11:36:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1713682862.973515.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"582\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Naira vs Dollar: EFCC resumes clampdown on Binance, other cryptocurrency platforms\",\"datePublished\":\"2024-04-21T09:25:46+00:00\",\"dateModified\":\"2024-04-21T11:36:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/04\/sm_1713682862.973515.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Binance\",\"Cryptocurrency\",\"EFCC\",\"Naira vs Dollar\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/naira-vs-dollar-efcc-resumes-clampdown-on-binance-other-cryptocurrency-platforms\",\"name\":\"Naira vs Dollar: EFCC resumes clampdown on Binance, other cryptocurrency platforms - 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