CZ Dismisses Bitcoin Fears as Price Drops Below $85K

Bitcoin Price falls below $85K, with former Binance CEO CZ dismissing concerns and urging investors to remain calm. Current Binance CEO Richard Teng echoes similar sentiments, attributing the drop to routine market fluctuations, even as U.S. spot Bitcoin ETFs see substantial outflows.
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Nigeria Sues Binance for $79.51B in Economic Damages, Seeks $2B in Back Taxes

Nigeria has filed a lawsuit against Binance, seeking $81.5B in back taxes and damages, accusing the exchange of failing to register with tax authorities, violating financial laws, and contributing to the naira’s decline. This marks the third legal action against Binance in the country.
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Nigerian Lawmaker Sues Binance Exec Tigran Gambaryan for ₦1 Billion Over Bribery Allegation

Nigeria’s House of Representatives member, Philip Agbese, has filed a ₦1 billion defamation lawsuit against Binance executive Tigran Gambaryan over allegations that Agbese and two other lawmakers sought a $150 million bribe.
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Police Warn of Surge in SMS Fraud Targeting Crypto Users

Crypto users face an increasing wave of SMS fraud scams as cybercriminals impersonate Binance to steal login credentials and access funds. Authorities urge investors to activate two-factor authentication (2FA) to prevent unauthorized account takeovers, as similar scams have led to millions in losses across the industry.
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