A Nigerian court has postponed the tax evasion case against Binance until April 30, allowing Nigeria's tax authority to respond to a request from the crypto exchange. Binance's attorney, Chukwuka Ikwuazom, challenged the court's order permitting documents to be served to the company via email, arguing that the Federal Inland Revenue Service (FIRS) lacked the necessary permission to serve documents outside Nigeria. The FIRS claims that Binance owes $2 billion in back taxes and $79.5 billion in damages related to the destabilization of the Nigerian economy. Binance, which operates from the Cayman Islands, denies these allegations and contends it is not liable for Nigerian corporate income taxes, claiming it has no physical presence in the country. The exchange faced prior legal troubles in Nigeria, including the arrest of executives on charges of tax fraud and money laundering. The case reflects ongoing tensions between cryptocurrency companies and regulatory authorities in Nigeria.

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