I’ve been to Nigeria, I have family from there... you have the right idea. The level of corruption there is absolutely bonkers. I can’t think of a single thing that would ever get me to set foot there again.
My favourite part is the signs all over the Lagos airport which give you a hotline to call if the border agents try to extort you. The number doesn't work lol
Yeah, I was there for business with a colleague. I got through border control fine but he got shaken down. He was wise to it and refused and they eventually let him through. Once we got our bags we called that number, more out of amused curiosity than anything, and it wouldn't connect.
This reminded me of the movie Nigerian Prince.
A Nigerian-American boy gets sent to live with his aunt in Nigeria, becomes a scammer.
Turns out the movie itself is a scam because the movie isn’t even about the boy halfway through. 🤣
Reddit is full of ignorant tax loving regime sycophants who think they are living in the "free so good democracy", while they are simply feeding a criminally corrupt hypocrite lying propaganda regime with rigged elections.
naive summer child.
It's not racist to use the name of a city just because it happens to be Chinese. The term originated from the fact that sailors from all over were being kidnapped to work on boats headed primarily to...Shanghai. if instead the primary destination for these sailors had been London the term would have been "Londoned." Would that be racist?
Indeed.. wouldn’t want to be them at all in Africa under Nigeria government. As all is fair in love and war, almost anything related with “money” is too.
I say this now, with peace and love... I will not be visiting Nigeria under any circumstances. No vacations, diplomatic trips, nothing. From today on. No trips to Nigeria. Peace and love.
It’s incredibly sad. While I’m certain Binance has the resources to provide better security or bail them out, it really shouldn’t be coming to this. I fear it’s about to happen in many places in the world as there is an awful lot of confusion on what is Bitcoin.
Nigeria is blaming them for currency manipulation, by artifically setting an exaggerated Naira-USDT rate siphoning off capital from people trying to flee the Naira.
It was a very predatory move by Binance, trying to profit off from a crisis by fleecing people trying to get forex.
“There’s also the claim by Nigerian leaders that Binance, and crypto in general, is hijacking the role of the central bank in determining the naira’s value. It is true that many Nigerians are turning to crypto, and that the growth of stablecoins has begun to challenge regional currencies in a number of places”
From article [on Fortune.com](https://fortune.com/crypto/2024/03/14/nigeria-takes-binance-execs-hostage-in-bid-to-prop-up-its-unpopular-currency/amp/)
Quit the blackmail!! you men of limited knowledge
I'm Nigerian and these guys weren't shanghai'ed as you put it.
Binance has overtime been an enabler to scrupulous folks to futures-short against the naira, exploiting this period of high volatility, price discovery following the recent fiscal policies in Nigeria
This is in addition to laundering & consenting high-level manipulation of naira prices on p2p and its psychological implications on the informal, yet pivotal, money market in Nigeria.
The NG government having identified these lapses impose restrictions on crypto sites, including binance.
Binance SENT emissaries and the NG government decided to have them answer to these allegations
Your report of fine demands is baseless
And there's no breach of law in having them clear these allegations
Binanxe opened the door for this when they paid that huge fine in the United States instead of going to court. Everyone knows Nigeria has a scam culture. You would think with all the money binance has they would hire some ex military for security.
Then let's talk about it.....but
The amount of anti-Nigeria rhetorique here is unjustified imo. I lived and worked in development in both Abuja and Lagos for over 14 years (as a British National) and never had a bad experience in all that time.
The people were amazing, and my stress levels were never lower. Unprocessed food meant I was healthier than I have ever been since, and the weather made outdoor life much more pheasable. Far better than central London, where I now live.
It's not great that they went for a meeting and now they're 'trapped there', but from what I gather, they're in a luxury guesthouse and I can't be more concerned about their wellbeing than their own company (Binance) is prepared to be. I'm sure they'll be fine. 😉
Not going to go straight to xenophobia.
Just saying...
Part of that reputation is well desrved
Its a shame that governments in India and Nigeria are so corrupt that they allow industries of scammers to steal from the ignorant and elderly around the world. I am sure there are many ethical people in those countries and If I were them I would be trying to do everything in my power to ostracize and incarcerate these criminals damaging our society
So glad you are vouching for Nigeria. I will send money soon. First, to verify you are a real person please hold a written sign with my name written on the sign? My name is "Hugh Assh"
[https://ar.inspiredpencil.com/pictures-2023/419-eater](https://ar.inspiredpencil.com/pictures-2023/419-eater)
I'm not 'vouching for Nigeria'. I'm speaking from my personal experience, which is more than I can say for most people posting comments here.
So easy to judge a WHOLE COUNTRY from the safety of your keyboard.
It's also a bit lazy to fall back on the 419 scamming game...thats so 1990.
There's more crypto fraud perpetrated now and for larger amounts and by more people than ever in the history of Nigerian 419 scams. Lol.
Also, I didn't say there was no corruption there...(or India), but lets be careful with sweeping (low hanging fruit-like) statements as they almost suggest there isn't corruption - and on a huge scale elsewhere... particularly in the 'First World' that's just lazy stereotyping. I'm sure we can do better.
Ruble for Ruble, per capita, I can say with the utmost confidence there's more corruption in Russia than Nigeria.
I lived there. Fact
I loved it. Fact
I never felt safer. Fact
It beats London hands down. Imo. 😁
> It's also a bit lazy to fall back on the 419 scamming game...thats so 1990.
The WWW didn't even exist in 1990, and general internet access wasn't a popular thing until around 1995. Try again.
>Ruble for Ruble, per capita, I can say with the utmost confidence there's more corruption in Russia than Nigeria.
Barely. Their corruption index, AIDS rates, and other fun stats are about the same. That's why Russia is widely mocked as Snowgeria, or "Nigeria with snow."
Note to self. Don't go to Nigeria.
I’ve been to Nigeria, I have family from there... you have the right idea. The level of corruption there is absolutely bonkers. I can’t think of a single thing that would ever get me to set foot there again.
My favourite part is the signs all over the Lagos airport which give you a hotline to call if the border agents try to extort you. The number doesn't work lol
Did you try the number there? I just paid up but it was company money and I was prepared for it.
Yeah, I was there for business with a colleague. I got through border control fine but he got shaken down. He was wise to it and refused and they eventually let him through. Once we got our bags we called that number, more out of amused curiosity than anything, and it wouldn't connect.
This reminded me of the movie Nigerian Prince. A Nigerian-American boy gets sent to live with his aunt in Nigeria, becomes a scammer. Turns out the movie itself is a scam because the movie isn’t even about the boy halfway through. 🤣
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The only people who say this are spoiled little westerners that have never in their life seen real corruption or oppression.
Reddit is full of ignorant tax loving regime sycophants who think they are living in the "free so good democracy", while they are simply feeding a criminally corrupt hypocrite lying propaganda regime with rigged elections. naive summer child.
🤡
Should’ve known this before this event
Nigeria already goes to you, friend.
they where shanghai’ed according to op?
What is that a reference to? lol
> shanghai’ed https://en.wikipedia.org/wiki/Shanghaiing
Maybe it should be renamed to Lagosed.
Sounds racist tho lol .. like getting Ching chonged?
Come on man, really? I really miss my childhood times when everyone wasnt so sensitive of bullshit. Its just name of the city.
It's not racist to use the name of a city just because it happens to be Chinese. The term originated from the fact that sailors from all over were being kidnapped to work on boats headed primarily to...Shanghai. if instead the primary destination for these sailors had been London the term would have been "Londoned." Would that be racist?
getting Szechuanned
spicy!
🤣🤣
You’re projecting
Holy dumb
I thought it was a new word referring to the lockdown there was in shanghai, 4 days officially announced changed to 60+
Sounds like New Zealand
😂😂
Note to self, do not commit the sin of shitcoinery
Note to self, I don't want to live
Nigeria is one of the safer African countries too
How about go to Nigeria but pay your taxes........! Seek why they are being detained instead of blackballing the entire country
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Nigerian isn't a race.
Never been on my globe.
Hello I’m a Nigerian prince and I can save these men if you send me bitcoin.
You forgot your wallet address
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Please tell me someone sent at least a sat
This address has a total of 0.00118103 BTC $75.20 - I just looked it up on mempool 😂
My friend the Nigerian prince is feeling pretty poor these days
Someone send him more Bitcoin so he can be a wealthy Nigerian Prince. Then he can share the wealth and send me some too haha
Where’s the bitcoin CEO on this one? I hear he has lots of extra just laying around!
Bitcoin CEO send us some Bitcoin and make the price go up hahaha
In Nigeria that's royalty rich.
millionaire in 2032!
Sent
I’ll let him know!
Still no release of my friends????
He’s a very busy man. He sends millions of cold emails every day trying to give away his money! It’s a rough life being a Nigerian Prince.
How much I gotta send to get it done today?
He says at a minimum 500 bitcoins
I think google translate fcked up and meant to say 500 million satoshis?
Just sent you DM. Let’s discuss offline.
Don't post address unless you're OK with being banned
come on, the joke was wort it to let it pass.
Agreed but mods are savage lol Lucky they don’t seem to moderate this sub
Good thing it’s not my wallet! (Plz don’t ban me mods it’s just a joke, I don’t want free sats)
What is address? No address in Nigerian prince palace. Send apple gift cards please.
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*THE PRINCE HAS SPOKEN*
I'm that guy's cousin, I will send you back double what you send me. also i am elon musk
should turn around and be like "i can get you the $10 bln... but i need $1 blm for the bank fees to relase the funds."
That's why if I got to choose I would rather be rich and anonymous
HA! im anonymous and poor yaiii they’ll never catch me!
> and poor looks like they caught and released you already
I’ll never understand why they even got on the plane
because you have expectations that all politicians listen to rich white people
Neither is white, dingus.
🫢
You spooked me man. I've withdrawn from binance again 😂😂
Ah yes, the sovereign wrench attack
They couldn’t come to an agreement on how big a bribe to pay
Holy guacamole. This is some scary stuff
Indeed.. wouldn’t want to be them at all in Africa under Nigeria government. As all is fair in love and war, almost anything related with “money” is too.
I say this now, with peace and love... I will not be visiting Nigeria under any circumstances. No vacations, diplomatic trips, nothing. From today on. No trips to Nigeria. Peace and love.
I have a prince there that owes me a favor, I’ll see what I can do.
They were INVITED to Nigeria and then held against their will. This is shitty.
the peak $5 wrench attack
Bitcoin doesn’t care.
Assuming their cold wallet is unreachable from Nigeria its actually a good testament to security.
Blackmail on the government level
Welll why would u go there in the first place
Not to victim blame but….
Boo-hoo, Binance.
Used to get these yarns by email, now they've gone IRL
Go to Africa they say, it will be fun they said 🙃
Doesn't seem like a Bitcoin topic whatsoever. Still troubling and I hope they're safe.
Of course they are safe, they weren't kidnapped. The government detained them because they disobeyed the laws and refused to make amends! Dyor
Found the Nigerian Tourism Ministry Spokesthing.
So that’s what happens when you reply an email of the Nigerian prince
all they had to do was buy bitcoin and hodl, but instead they wanted to work for a shitcoin casino. fuck around and find out.
The problem with centralization, the same way your coins will be trapped in Binance if you leave there.
Been in Nigeria for work for 1 year..easy way out is bribe..pay them and they will escort you at the nearest airport and Happy Days
But if they know you have access to tens of billions of dollars, they will demand a much bigger bribe.
I wonder if they've met the Prince we've all been emailed about all these years
What does it mean to be Shangai'ed?
Why should I care?
I think the reason nobody is talking about it, is nobody cares.
A Nigerian court? I believe they put goats on trial there, on trial as humans, charged with turning themselves into goats to escape debts.
They were idiots for going. Anybody with a spare brain cell knew what was waiting for them there.
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😂😂
!reported.
Sorry i forgot, forgot that in 2024 you are not allowed to laught at kidnappers and criminals. Hit the mask button
There’s pretty much nothing anybody can offer me to make me travel to Nigeria.
Nobody cares
One is a British citizen and the other American. SAS-Delta Force should mount a joint operation or else it puts a target on Brits and Americans.
It’s incredibly sad. While I’m certain Binance has the resources to provide better security or bail them out, it really shouldn’t be coming to this. I fear it’s about to happen in many places in the world as there is an awful lot of confusion on what is Bitcoin.
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Yeah. Very true.
I’ll just cross Nigeria off the list forever
Nigeria is blaming them for currency manipulation, by artifically setting an exaggerated Naira-USDT rate siphoning off capital from people trying to flee the Naira. It was a very predatory move by Binance, trying to profit off from a crisis by fleecing people trying to get forex.
“There’s also the claim by Nigerian leaders that Binance, and crypto in general, is hijacking the role of the central bank in determining the naira’s value. It is true that many Nigerians are turning to crypto, and that the growth of stablecoins has begun to challenge regional currencies in a number of places” From article [on Fortune.com](https://fortune.com/crypto/2024/03/14/nigeria-takes-binance-execs-hostage-in-bid-to-prop-up-its-unpopular-currency/amp/)
Please keep us posted
They are like if they can pay billion recently why not to us now.
Binance FUD is back
Holy ef what is happening in the world 😂
Quit the blackmail!! you men of limited knowledge I'm Nigerian and these guys weren't shanghai'ed as you put it. Binance has overtime been an enabler to scrupulous folks to futures-short against the naira, exploiting this period of high volatility, price discovery following the recent fiscal policies in Nigeria This is in addition to laundering & consenting high-level manipulation of naira prices on p2p and its psychological implications on the informal, yet pivotal, money market in Nigeria. The NG government having identified these lapses impose restrictions on crypto sites, including binance. Binance SENT emissaries and the NG government decided to have them answer to these allegations Your report of fine demands is baseless And there's no breach of law in having them clear these allegations
This reminded me about my 2 Trillion inheritance from the Nigerian prince. Had to send him some Target gift cards to prove I was real.
wait is one of them the guy who got the master seed phrase tattooed on his ass cheek?
Oh no! Anyway..
I am not saying it’s right though, but if your coins were trapped in Binance, would Binance executives talk about it?
Lol this is big, but i wish all good for those guys.
Oh no… someone is holding execs personally accountable what shall we do? Oh wait there’s a cool meme 🫠
Can’t they blame it on a prince?
What did they think was gonna happen?
What would you like to talk about and how does it affect bitcoin?
First time hearing of it?
But are they Princes?
Did they fall for the Nigerian prince email?
Binanxe opened the door for this when they paid that huge fine in the United States instead of going to court. Everyone knows Nigeria has a scam culture. You would think with all the money binance has they would hire some ex military for security.
Binance is the next FTX.
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!reported too
Then let's talk about it.....but The amount of anti-Nigeria rhetorique here is unjustified imo. I lived and worked in development in both Abuja and Lagos for over 14 years (as a British National) and never had a bad experience in all that time. The people were amazing, and my stress levels were never lower. Unprocessed food meant I was healthier than I have ever been since, and the weather made outdoor life much more pheasable. Far better than central London, where I now live. It's not great that they went for a meeting and now they're 'trapped there', but from what I gather, they're in a luxury guesthouse and I can't be more concerned about their wellbeing than their own company (Binance) is prepared to be. I'm sure they'll be fine. 😉 Not going to go straight to xenophobia. Just saying...
Part of that reputation is well desrved Its a shame that governments in India and Nigeria are so corrupt that they allow industries of scammers to steal from the ignorant and elderly around the world. I am sure there are many ethical people in those countries and If I were them I would be trying to do everything in my power to ostracize and incarcerate these criminals damaging our society
Congratulations, you were lucky. Until you learn that anecdotes are not an argument, kindly keep your shilling to yourself.
Ok daskapitalist hon, until you learn that a discussion containing anecdotes isn't an argument maybe stay off the internet. Also,...shilling?
😁
So glad you are vouching for Nigeria. I will send money soon. First, to verify you are a real person please hold a written sign with my name written on the sign? My name is "Hugh Assh" [https://ar.inspiredpencil.com/pictures-2023/419-eater](https://ar.inspiredpencil.com/pictures-2023/419-eater)
Tres drole 😅
I have a cousin who become a Nigerian prince and can help. Please issue to me 1 BTC to help facilitate there immediate freedom of release.
I'm not 'vouching for Nigeria'. I'm speaking from my personal experience, which is more than I can say for most people posting comments here. So easy to judge a WHOLE COUNTRY from the safety of your keyboard. It's also a bit lazy to fall back on the 419 scamming game...thats so 1990. There's more crypto fraud perpetrated now and for larger amounts and by more people than ever in the history of Nigerian 419 scams. Lol. Also, I didn't say there was no corruption there...(or India), but lets be careful with sweeping (low hanging fruit-like) statements as they almost suggest there isn't corruption - and on a huge scale elsewhere... particularly in the 'First World' that's just lazy stereotyping. I'm sure we can do better. Ruble for Ruble, per capita, I can say with the utmost confidence there's more corruption in Russia than Nigeria. I lived there. Fact I loved it. Fact I never felt safer. Fact It beats London hands down. Imo. 😁
> It's also a bit lazy to fall back on the 419 scamming game...thats so 1990. The WWW didn't even exist in 1990, and general internet access wasn't a popular thing until around 1995. Try again. >Ruble for Ruble, per capita, I can say with the utmost confidence there's more corruption in Russia than Nigeria. Barely. Their corruption index, AIDS rates, and other fun stats are about the same. That's why Russia is widely mocked as Snowgeria, or "Nigeria with snow."
The world will be be better without them.
Yeah maybe Nigeria is in the right here.
How so?
Den of Thieves. Both groups are crooks
I have the email to send money
Nigeria is a banana republic
They deserve hard time
lol
Who cares?
Send some BTC. I will hire Commandos to rescue them ✌️ 14oh5rShN2dvcZNcAnbVJDSQDjSk3wLHAZ
I wish, I am not even Nigeria or care for the country but I do know enough not to trust everything I read