Nigerian lawmakers sue Binance executives over $150 million bribery allegations, seeking approximately $667,000 in damages

2025-02-19 12:45:09

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ChainCatcher news, according to Cryptonews, Nigerian House of Representatives member Philip Agbese has filed a lawsuit against Binance executive Tigran Gambaryan in the Abuja Federal Capital Territory High Court, seeking 1 billion naira (approximately $667,000) in damages for defamation.

The lawsuit stems from Gambaryan's claims on social media that Agbese and two other lawmakers attempted to solicit a $150 million cryptocurrency bribe. Agbese's camp stated that he has never owned a cryptocurrency account or engaged in digital currency transactions, demanding that Gambaryan publicly apologize in at least three national newspapers and delete all related social media posts.

The Nigerian Minister of Information and National Orientation dismissed Gambaryan's allegations on February 14, stating that the claims lack credible evidence. The court has ordered Gambaryan to respond to the lawsuit within 8 days.

Previous news, Binance executives reiterated that Nigerian lawmakers had solicited a $150 million bribe in exchange for dropping the lawsuit against Binance.

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