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Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance
18.5.2024
The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should...
Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court
17.5.2024
Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...
Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms
12.5.2024
Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading. Nigerian authorities are reportedly seeking to ban peer-to-peer crypto...
Nigeria Pushes Back Against Binance, Claims CEO’s Bribe Allegation ‘Lacks Any Iota of Substance’
9.5.2024
Nigeria has fired back at Binance Holdings' bribe accusation, claiming it's a distraction to shift focus away from the exchange's actions.
The post Nigeria Pushes Back Against Binance, Claims CEO’s Bribe Allegation ‘Lacks Any Iota of Substance’ appeared first on Cryptonews
Binance CEO Claims Nigeria Demanded Secret Settlement From Now Detained Binance Executive In January
7.5.2024
Now detained Binance executive Tigran Gambaryan and fellow representatives of the crypto exchange were allegedly pressured by an unnamed government official to accept a secret settlement, Binance CEO Richard Teng revealed in a blog post on the company’s website Tuesday. News of the alleged bribe...
Nigerian officials proposed secret crypto settlement, claims Binance CEO
7.5.2024
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them
Binance CEO Teng Says Nigeria Must Release 'Beloved Colleague' Gambaryan
7.5.2024
The executive's detention sets a "a dangerous new precedent," Teng wrote in a blog post
Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17
6.5.2024
A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided...
Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17
2.5.2024
The Binance Nigerian money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, Thursday media reports confirm.
The post Binance Nigeria Executives’ Money Laundering Trial Pushed To May 17 appeared first...
Binance Nigeria Money Laundering Trial Delayed to May 17, Gambaryan Family Spokesperson
2.5.2024
Binance's lawyer needed more time to look at evidence, outlets reported
Extradition Papers Completed For Fled Nigerian Binance Exec Nadeem Anjarwalla, INTERPOL Africa VP Says
1.5.2024
Extradition papers for fled Binance executive Nadeem Anjarwalla have been finalized, Vice President Garba Umar from the Nigerian Central Bureau (NCB) of the International Criminal Police Organization (INTERPOL) confirmed Tuesday. News of Anjarwalla's potential extradition comes just over a week...
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges
24.4.2024
The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested...
Kenyan Authorities to Extradite Binance Executive to Nigeria by Month’s End
23.4.2024
The Binance executive who reportedly escaped from custody in Nigeria is set to be extradited to the same country by the end of the month, according to reports. A Kenyan detective believes the extradition of Anjarwalla, who allegedly has ties to influential figures in Kenya, may still prove to...
Binance Exec Who Escaped From Nigeria Has Been Found in Kenya, Faces Extradition: Reports
22.4.2024
Nadeem Anjarwalla, who escaped Nigerian custody in March, could be extradited back to the country within the week, one local media outlet reported citing government sources
Binance Working Closely with Nigerian Authorities to Resolve Detention of Executives
19.4.2024
Binance has been actively engaged in close cooperation with Nigerian authorities following the detention of its head of financial crime compliance.
The post Binance Working Closely with Nigerian Authorities to Resolve Detention of Executives appeared first on Cryptonews
Experts: Nigeria’s Binance Crackdown Shakes Investor Confidence
16.4.2024
The Nigerian government’s crackdown on cryptocurrency exchanges, including its targeting of Binance, has prompted some cryptocurrency firms to reconsider plans to either enter or further invest in the West African nation. A founder of a cryptocurrency exchange stated that the crackdown on Binance...
Binance Executive Located in Kenya After Escaping Nigerian Custody
16.4.2024
Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about Anjarwalla’s extradition....
Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition
15.4.2024
The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya.
The post Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition appeared first on Cryptonews
Binance 'Working Collaboratively' With Nigerian Government to Free Detained Executive, Compliance Chief Says
10.4.2024
Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday