Hmm! This may set a counterpart between Donald Trumps and Joe Biden on their election, we are not insiders and are not too sure of the politicians transparency interests in demand of the Binance official to be released which could be a trap for Biden against his election. So probably the incompetence of Biden not going to be able to bring the US citizen back to the State could cause him political sabotage while Trump would be pushed upward to win the election due to his pro crypto enthusiast personal influence.
If the Nigerian government has a legal law of holding the official to their custody then Joe Biden's government can not take their geopolitical influence to oppress Nigerian government over it and if they succeeds in either legal or oppressive way to bring the Binance official out without a proper agreement that would contribute to the wellbeing affairs of crypto currencies in the country, it would tender a threat that the Nigeria government with an autonomous geopolitical power might decide to pronounce the adoption of cryptocurrencies illegal in the country which definitely would cause us the crpto enthusiastics a lot of not just insecurities, fate of penalties but also a case close to use the available P2P that is being conditional at this period of time.
The Nigerian government might actually be illegally holding the binance official down to themselves and if by professional quote that binance have not broken any of the regulatory laws then the Nigerian government would be forced to obey the supremacy.
The whole thing erupted when the Nigeria government ask the exchange to pay them $100 B which the exchange refused because it was an unethical charge and then the government picked it an offense because literally they acted just so selfishly.
Aftermath, the exchange was accused without proven that their association with the Naira in their platforms has been responsible for the devaluing of the naira.
To me, amicable settlement between the two sides would actually seem best for us because Nigeria has always been a place where two elephant fights, then the ground suffers it. Definitely the crypto enthusiastics are to suffer it of it is not a dialogue.
In a way Nigerians do not practice law, we try as much to amend it in order to fit our desires at that critic point, detaining a citizen of another country far more than a 30 days period is unlawful. Tell me how long should those US citizens be in detainment despite the sufficient resources to make them comfortable, it doesn't matter since their freedom of movement is limited. I feel like if the US government would prioritise on this case it won't take longer than we expected. A $100B settlement is very much impossible for the exchange to pay, they should have to find a better settlement measure than for this to escalate were certain hard measures would be taken by the US government to retrieve their citizens.