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Court adjourns FG’s suit against Binance for report of sett…
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Court adjourns FG’s suit against Binance for report of settlement
The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Ltd to July 9 for a report on settlement. This development indicates ongoing negotiations between the Federal Government and the cryptocurrency exchange.
BF
The Briefing Africa
May 12, 2026 · 12:35 · 5 min read
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The Federal High Court in Abuja has adjourned the tax evasion case against Binance Holdings Ltd to July 9 for a report on settlement. This development indicates ongoing negotiations between the Federal Government and the cryptocurrency exchange.
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The adjournment reflects the court's interest in facilitating a potential settlement between the parties involved. The outcome could influence regulatory approaches to cryptocurrency operations in Nigeria.