Binance restricts 281 Nigerian crypto accounts, see why 

Binance, the world’s largest cryptocurrency exchange by volume, is probing 281 Nigerian personal accounts for possible regulatory breaches.

The company has restricted the accounts to ensure the platform’s security and prevent fraud, its founder and CEO has said.

In a statement, Changpeng Zhao said that about 38 per cent of the accounts were restricted at the request of international law enforcement.

“User security remains our top priority,” he said. “We love and are devoted to our Nigerian community but we must ensure that our users are safe.”

Zhao’s statement comes after complaints by Nigerian users who say they have lost access to their accounts and funds without a valid reason.

Using the hashtags such as #BinanceStopScamming, #BinanceStealingCrypto, they called for a boycott of the exchange with many expressing frustration for allegedly failing to get customer care support from Binance.