Crypto exchange Binance restricts 281 Nigeran accounts

<img width="562" height="338" src="https://www.leaprate.com/wp-content/uploads/2021/07/Binance.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Binance" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2021/07/Binance.jpg 880w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-730×438.jpg 730w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-230×138.jpg 230w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-380×228.jpg 380w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-88×53.jpg 88w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/07/Binance-500×301.jpg 500w" sizes="(max-width: 562px) 100vw, 562px" /><p>Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its <a target="_blank" href="https://www.leaprate.com/payments/binance-launches-payment-app-for-cash-and-crypto-in-nigeria/" rel="noopener">Nigerian community</a>.</p>
<p>Zhao said:</p>
<div><img aria-describedby="caption-attachment-442951" class=" wp-image-442951" src="https://www.leaprate.com/wp-content/uploads/2021/12/Changpeng-Zhao.jpg" alt="Changpeng Zhao, Binance" width="118" height="118" srcset="https://www.leaprate.com/wp-content/uploads/2021/12/Changpeng-Zhao.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/12/Changpeng-Zhao-150×150.jpg 150w, https://www.leaprate.com/wp-content/uploads/2021/12/Changpeng-Zhao-120×120.jpg 120w" sizes="(max-width: 118px) 100vw, 118px" /><p>Changpeng Zhao<br />Source: LinkedIn</p></div>
<blockquote><p>Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a global approach applied in every country.</p></blockquote>
<blockquote><p>Some 281 Nigerian accounts have been affected by these personal account restrictions with approximately 38% of these cases restricted at the request of international law enforcement.</p></blockquote>
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