CEO of Binance declares Binance Nigeria Limited to be a fraudulent company.

Changpeng Zhao, the CEO of Binance, has branded Nigeris’s affiliate of the international cryptocurrency exchange platform as a hoax.

On Sunday, Zhao announced this via his Twitter account, calling Binance Nigeria Limited “a scam entity.”

“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited”. Don’t believe everything you read in the news,” he wrote.