2024

Drops

Coin

<ul class="news-points wp-block-list">
 <li><strong>Nigeria withdrew money laundering charges against Binance’s Tigran Gambaryan after U.S. diplomatic pressure and legal agreements.</strong></li>
 <li><strong>Tigran Gambaryan was released following unsuccessful bail attempts due to health concerns and legal arguments.</strong></li>
 <li><strong>Despite Gambaryan’s release, Binance still faces unresolved tax evasion charges in Nigeria, amid global regulatory challenges.</strong></li>
</ul>
<p>Binance Holdings executive, Tigran Gambaryan, is free after the Nigerian government dropped money laundering charges against him. Gambaryan, held since April, was accused of laundering $34.4 million. The Economic and Financial Crimes Commission (EFCC) made the announcement at the Federal High Court in Abuja just days before the next hearing scheduled for October 25.</p>
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   <p lang="en" dir="ltr">BREAKING: Nigerian Government Drops All Money Laundering Charges Against Binance Executive Gambaryan | Sahara Reporters <a href="https://t.co/K1fNs5KVmo" target="_blank" rel="noopener noreferrer nofollow">https://t.co/K1fNs5KVmo</a> <a href="https://t.co/5oJ0YfImpP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5oJ0YfImpP</a></p>— Sahara Reporters (@SaharaReporters) <a href="https://twitter.com/SaharaReporters/status/1849036303016292545?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 23, 2024</a>
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<p>Gambaryan, a U.S. citizen, was ultimately cleared after the prosecution confirmed he was an employee and not involved in Binance’s financial decisions. His release follows intense diplomatic efforts by U.S. off…</p>
<p>The post <a href="https://coinedition.com/binance-executive-walks-free-as-nigeria-drops-money-laundering-charges/" rel="noopener noreferrer nofollow">Binance Executive Walks Free as Nigeria Drops Money Laundering Charges</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Binance Executive Walks Free as Nigeria Drops Money Laundering Charges

Coin Edition

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