Binance executive, Gambaryan, appears in court on wheelchair
The detained Binance Holdings Limited’s executive, Tigran Gambaryan, was on Tuesday, whisked into Federal High Court in Abuja in a wheelchair. Gambaryan, who was dressed in a black T-shirt with blue jeans trousers, is facing a money laundering charge alongside…
U.S lawmakers seek release of Binance chief
The United States lawmakers French Hill and Chrissy Houlahan have called for the release of Binance executive Tigran Gambaryan, who is currently detained in Nigeria on charges of tax evasion and other financial crimes. The lawmakers’ appeal followed a Wednesday’s…
FG drops tax charges against Binance executives
In a significant development, the Federal High Court in Abuja has dropped tax evasion charges against Tigran Gambaryan, a 39-year-old American, and his colleague Nadeem Anjarwalla, clearing the way for Gambaryan’s release from detention. The charges were filed by the…
Binance founder Changpeng Zhao has been sentenced to 4 months in prison
Changpeng Zhao, the billionaire founder of the prominent cryptocurrency exchange Binance, received a four-month prison sentence on Tuesday, April 30, 2024, following his guilty plea to money laundering violations last year. This term, significantly shorter than the three years demanded…
Court Remands Binance Executive In Correctional Facility
The federal high court sitting in Abuja has ruled that Tigran Gambaryan, the second defendant in the ongoing arraignment of Binance Holdings Limited and its two top officials; on allegations of Money Laundering by the Economic and Financial Crimes Commission,…
EFCC arraigns Binance chiefs Thursday, gets arrest warrant
EFCC to Prosecute Binance and Executives Over Alleged Money Laundering The Economic and Financial Crimes Commission (EFCC) is set to arraign Binance Holdings Limited and two of its senior executives, Tigran Gambaryan and Nadeem Anjarwalla, for their alleged involvement in…
Binance Quits Nigeria, To Stop Naira Services March 8
Binance, a cryptocurrency trading platform, has said that it will discontinue all Naira services by March 8, 2024. This is coming on the heels of the recent clampdown on its operations and officials by Nigerian regulators. Recall that the special…