Nigerian Court Postpones Tax Case Against Binance

Reading Time: < 1 minute

A court in Abuja has postponed Nigeria’s tax evasion case against Binance to April 30, as reported by Reuters.

The delay comes after Binance challenged a February court order that permitted Nigeria’s Federal Inland Revenue Service (FIRS) to serve legal documents via email.

Incorporated in the Cayman Islands, Binance argued that the FIRS lacked the necessary authorization to serve documents outside Nigeria, and noted that it has no physical office in the country.

Binance lawyer defended:

“On the whole, the order for the substituted service as granted by the court on February 11, 2025 on Binance, who is registered under the laws of Cayman Islands and resident in Cayman Islands, is improper and should be set aside.”

Follow and like us on
Thehodlernews.com
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.