PANews reported on February 16 that according to Bitcoin.com, Binance Financial Crime Compliance Director Tigran Gambaryan recently reiterated that rogue Nigerian lawmakers demanded $150 million in exchange for dropping lawsuits against cryptocurrency exchanges. According to Gambaryan, these lawmakers want to transfer funds directly into cryptocurrency wallets. Previously, Binance CEO Richard Teng also accused members of the Nigerian House of Representatives Financial Crimes Committee (HCFC) of demanding a $150 million bribe. At the time, Nigerian Information Minister Mohammed Idris denied the allegations, calling it a diversionary tactic by the company "eager to cover up the serious criminal charges it faces."