2024-4-24 22:33 |
Detained Binance executive Tigran Gambaryan will remain in prison in Nigeria until at least May 17, following an Abuja court’s ruling to postpone a scheduled bail hearing until after he is tried on money laundering charges. origin »
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According to local media reports, Tigran Gambaryan, Binance’s Head of Financial Crimes Compliance, has been remanded in custody in Abuja, Nigeria. The Federal High Court in Abuja postponed the hearing of Gambaryan’s bail application for 11 days, with the remand order continuing until the bail hearing on April 18. The judge, Emeka Nwite, agreed with […]
2024-4-9 00:00 | |
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Binance has issued a compliance statement amid executives’ detention in Nigeria, with their stay in custody until at least March 20. As two executives from Binance remain detained in Nigeria for the second week in a row without any charges…
2024-3-14 14:44 | |
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Observers until now regarded Nigeria as one of the major players on the African continent when it comes to cryptocurrency adoption. However, the latest stance by the Central Bank of Nigeria (CBN) could drastically alter this view.
2021-2-6 17:14 | |
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Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.
2018-9-15 21:50 | |
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Congressman French Hill is bringing Binance executive Tigran Gambaryan as his guest to the State of the Union address. Gambaryan spent eight months in a Nigerian prison on tax evasion and money laundering charges, which were later dropped. Gambaryan, a…
Nigeria’s Federal government has launched another lawsuit against Binance amid a tussle over alleged illegal operations and unpaid taxes.
Nigeria’s Federal Inland Revenue Service (FIRS) has taken legal action against Binance Holdings Limited, demanding over $81 billion in unpaid taxes and penalties. On Nov. 19, local media outlet Nairametrics reported that this claim includes $79.
Ethereum reserves on exchanges have dropped to their lowest level in nearly seven years, signaling a growing trend of long-term holding and self-custody. Data from CryptoQuant shows that only 19 million ETH remain on exchanges, a figure not seen since 2018.
Nigeria is preparing to tax cryptocurrency transactions as part of broader efforts to boost government revenue, according to the country’s Securities and Exchange Commission. A bill outlining the tax framework is under review and is expected to pass this quarter,…
Binance executive Tigran Gambaryan is facing a $662,000 defamation lawsuit from a Nigerian lawmaker who denies allegations of bribery. Nigerian lawmaker Philip Agbese has filed a 1 billion Nigerian Naira (around $662,000) defamation lawsuit against Tigran Gambaryan, a Binance executive,…
In a groundbreaking operation, Nigeria’s Economic and Financial Crimes Commission (EFCC) dismantled a sophisticated cryptocurrency fraud syndicate, arresting 792 suspects. This unprecedented crackdown took place on December 10 in Lagos, uncovering a global web of cybercrime that revolved around romance scams and cryptocurrency fraud.