The United States and Nigeria have established a Bilateral Group to Combat Illegal Finance and Cryptocurrencies to counter cybercrime and illegal financial activities involving digital assets, including cryptocurrency.
The joint initiative, led by the US Department of Justice and Nigerian authorities, aims to strengthen cross-border cybercrime investigation capabilities as global digital financial transactions grow.
The formation of the group also coincides with the recent release of Tigran Gambaryan, Binance's Head of Compliance, who was detained in Nigeria since February on suspicion of money laundering and currency manipulation.
