While men slept, some of us had to comb the forest of information seeking credible intelligence on the matter.

On Binance issue and ONSA:- My credible source tells me -“what is going down is massive”.

My source tells me that Binance is being interrogated on issues bordering on money laundering (worth billions of dollars), currency speculation, tax evasion, operating in Nigeria without a license and after being banned, terrorism financing and organized crimes, the source ends by saying “it’s very bad”

I am reliably told that terrorism and organized crime financing is the crux of the matter and that is why ONSA requested for the data of all users and their transactions .

When asked if Binance was willing to release the data , my source was affirmative, -“They are showing good faith and cooperating with relevant agencies( ONSA, NFIU, EFCC,DSS). They are ready to right their wrongs, They already admitted and linked the huge “passed through funds” to terrorism and organized crime financing”

When pressed if a fine was considered, my source tells me,- “YES”, then goes ahead to tell me that -“ONSA is most concerned about the data base for now and since they are cooperating, there may be a concession on the part of FG by not disclosing the fine fee but the fine will be negotiated after the issuance of their data base and conclusion of investigation”.

When asked if Binance will be made to continue their operation after investigations, my source was non committal- “it will depend on how satisfied ONSA is”

My source concludes by saying “ Today will be a LONG DAY”

This is a developing story ………

Op it's "while" not why... meanwhile men are not the only ones combing forests and seeking information.

Women do too

Cindypresh:

Op it's "while" not why... meanwhile men are not the only ones combing forests and seeking information.

Women do too

Cindy, You sounded very condescending, you could tell from the very first line of his submission that the thread tittle was an innocent error. And this was no gender war.