A Nigerian court has scheduled the verdict for the tax evasion trial against crypto exchange Binance for Oct. 11. Binance faces four counts of tax evasion, including failing to register with Nigeria’s Federal Inland Revenue Service (FIRS).
Case adjourned until October
Omotilewa urged the judge to dismiss the charges, arguing that the case lacks substance, similar to the previous dismissal of charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.
The court’s decision followed FIRS’ submission of amended charges that effectively dropped the tax evasion allegations against the two executives. This change came after Binance appointed Omotilewa to handle its local operations.
Judge Nwite’s decision to adjourn the case until October allows for further deliberation and review of the evidence presented. This gives the defense and the prosecution additional time to prepare their respective cases.
Background of case
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