In a new twist of event, all money laundering charges filed against an executive of Binance Holdings Limited, Tigran Gambaryan, has been dropped by the federal government of Nigeria.
On March 25, 2024, GovimaNG News reported that Federal government Files Tax Evasion Charges Against Binance, Prominent Crypto Exchange
Also in a flashback of events, you would recall that the Economic and Financial Crimes Commission, EFCC had in April 4, 2024, arraigned Binance, a cryptocurrency firm, and Gambaryan over alleged money laundering.
Mr. Gambaryan, a United States citizen, has been in detention since February following the clampdown on the cryptocurrency firm over alleged manipulation of naira.
EFCC lawyer on Wednesday, announced the withdrawal of the charges at the Federal High Court in Abuja.
Following the development, the lawyer said Mr. Gambaryan was merely an employee of Binance, whose activities he was being prosecuted for.
