Nigeria's actions against Binance leaders are scaring off investors in the web3 sector.

Lucky Uwakwe, head of Nigeria's Blockchain Industry Coordinating Committee, talked about investors' worries in an interview.

Binance executives faced legal trouble in Nigeria over claims of currency manipulation.

The government's handling of the Binance case is hurting the whole country's business atmosphere.

Uwakwe doubts the Binance executives will be acquitted, even if they're found not guilty.

The Nigerian crypto community could have supported Binance better if they were involved earlier.