BICCoN Calls for Fair Resolution in Nigeria-Binance Case
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has advocated for a fair resolution in the ongoing legal disputes between the Nigerian gov’t and Binance exchange. BICCoN, the organization representing the Nigerian blockchain industry, is apprehensive about the potential consequences for the country’s blockchain ecosystem and international reputation. BICCoN urges “balanced resolutions” in the Saga […]
US Lawmakers Visit Binance Executive in Nigerian Jail
Representatives Chrissy Houlahan and French Hill of the United States have demanded that Tigran Gambaryan be freed from prison in Nigeria. The Binance executive is presently being charged with major money laundering, allegedly because of his affiliation with the international cryptocurrency exchange Binance. Hill said Gambaryan had lost weight and was not receiving proper medical […]
Nigerian High Court Dismisses Binance Executive’s Lawsuit
Binance executive Nadeem Anjarwalla fled prison and traveled to Kenya, and his colleague will press claims in court next month. Local press reports indicate that the Nigerian High Court has dismissed a lawsuit initiated by Binance regional manager Nadeem Anjarwalla. Anjarwalla claimed that his fundamental rights were violated by Nigerian government agencies when they detained […]
Nigeria Drops Tax Evasion Charges Against Binance Executives
Nigeria’s FIRS dismissed tax evasion charges against Binance executives but maintained the charge against Binance itself. On Friday, the Federal Inland Revenue Service (FIRS) of Nigeria dismissed proceedings against Nadeem Anjarwalla and Tigran Gambaryan, who are executives of Binance. Nevertheless, the income tax agency has not withdrawn the tax evasion claim against Binance, rendering the […]
Appeal Echos To Rescue Binance Executive In Nigeria
108 ex-prosecutors and feds called to rescue Binance executive in Nigeria, saying that the US government’s decision not to help Tigran Gambaryan is dire. Tigran Gambaryan is the head of financial crimes and compliance at Binance. A letter signed by over 100 former federal prosecutors and agents of the United States demands that the U.S. […]