The cased filed by the Federal Inland Revenue Service (FIRS) in Abuja accuses Binance of four counts of tax evasion.

Binance was not immediately available to comment.

The charges include non-payment of value-added tax (VAT), company income tax, failure to file tax returns, and complicity in aiding customers to evade taxes through its platform, the FIRS said.

(Reporting by Camillus Eboh; writing by Chijioke Ohuocha; editing by Jason Neely and Louise Heavens)

By Camillus Eboh