Two Binance employees, Tigran Gambaryan and Nadeem Anjarwalla, are being held by Nigerian authorities in a guarded house. According to their families, they haven’t been charged with any crimes. WSJ’s Caitlin Ostroff explains how the two men ended up there and why crypto is being blamed for a country’s currency collapse.

Further Listening:

- The Fall of (Another) Crypto King 

- A Crypto Exchange Crackdown 

- The Rise of Binance – And the Effort to Reel It In 

Further Reading:

- Crypto Gets Blamed for a Real-Life Currency Crisis 

- Binance Employees to Remain in Custody in Nigeria 

Learn more about your ad choices. Visit megaphone.fm/adchoices