27 results
- 17 May 2024
Court Denies Binance Executive Tigran Gambaryan Bail
Justice Emeka Nwite of the Federal High Court Abuja, has dismissed the bail application of an Executive of Binance Holdings Limited, Tigran Gambaryan. Justice Nwite held that Gambaryan is likely to…
- 6 Jun 2025
Gambaryan, Binance Executive Leaves Company after 8-Month Detention in Nigeria
Gambaryan, Binance Executive Leaves Company after 8-Month Detention in Nigeria Tigran Gambaryan, Binance executive, is leaving the exchange after four years of service, eight months of which were…
- 16 Feb 2025
Binance Chief Insists Some FG Officials, Reps Demand $150m Bribe
Tigran Gambaryan, top official of Binance, at the weekend, maintained his stance on the bribery allegations against some Nigerian government officials and House of Representatives members. Tigran…
- 23 Feb 2025
Again, Gambaryan, Binance Executive Accuses 3 Lawmakers, NSA of Demanding $150m Bribe
Tigran Gambaryan, head, Financial Crime Compliance Unit at Binance, cryptocurrency firm, who was detained in Nigeria for several months last year, has again alleged that three Nigerian lawmakers…
- 2 Jul 2024
Gambaryan, Binance Exec Fights for his Life, Freedom as Health Deteriorates in Jail
The health of Tigran Gambaryan, Binance executive remains uncertain one month and one week after Justice Emeka Nwite ordered the Nigerian Correctional Service (NCS) to transfer him to a capable…
- 14 Jun 2024
Court Strikes out Tax Evasion Charges against Gambaryan, Nadeem Binance Executive
Justice Emeka Nwite of the Federal High Court has discharged Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, from the tax evasion allegations levelled against them by the Federal Inland…
- 23 Oct 2024
FG Drops Money Laundering Charges Against Binance Executive
Federal government has withdrawn the money laundering charges filed against Binance executive, Gambaryan Tigran. The Economic and Financial Crimes Commission (EFCC) announced the withdrawal of the…
- 28 Mar 2024
Detained Binance executive drags EFCC, NSA to court
Binance executive Tigran Gambaryan has has dragged the National Security Adviser Nuhu Ribadu and the Economic Financial Crimes Commission (EFCC), to court alleging violations of his fundamental…
- 3 Apr 2024
EFCC to Arraign Binance Executives on Thursday
Fedewal government through the Economic and Financial Crimes Commission (EFCC) will, on Thursday, arraign Tigran Gambaryan and Nadeem Anjarwalla, two top officials of Binance Holdings Ltd on five…
- 21 Mar 2025
Nigeria Still Open Crypto Business despite $80Bn Lawsuit against Binance – FG
Federal government is still open to crypto businesses operating in the country despite the ongoing lawsuit against Binance, crypto exchange and the high-profile detention of Tigran Gambaryan, Binance…
- 8 May 2024
Binance Alleges Request of $150m Bribe by Some Nigerian Officials
Tigran Gambaryan, a compliance officer for Binance Holdings Ltd, giant cryptocurrency exchange, has alleged that the company was given 48 hours to make a payment of roughly $150 million in crypto to…
- 2 Apr 2024
Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official
Nadeem Anjarwalla, Binance executive absconded from Nigerian custody in February after his arrest. Nadeem Anjarwalla At the time, he was detained along with American colleague Tigran Gambaryan on…
- 19 Feb 2025
FG Files Fresh $81.5Bn Suits against Binance for Economic Losses
Federal government has asked an Abuja Federal High Court to compel Binance to pay N79.51 billion and N231 million, which is equivalent to $81.5 billion, as penalty for alleged economic losses caused…
- 2 May 2024
Extradition Papers Completed for Anjarwalla, Fugitive Binance Executive- INTERPOL Africa
Garba Umar, vice president, Nigerian Central Bureau (NCB) of the International Criminal Police Organization (INTERPOL) for Africa confirmed on Tuesday that the extradition papers for Nadeem…
- 26 Mar 2024
FIRS Files Tax Evasion Charges against Binance
Federal government of Nigeria has initiated legal proceedings against Binance, a major cryptocurrency exchange platform, for alleged tax evasion. The charges, formally filed at the Federal High Court…
- 7 Jul 2024
CBN in Court, Claims Binance Operated Illegally in Nigeria
Central Bank of Nigeria (CBN) has told the Federal High Court of Nigeria in Abuja, that Binance, crypto exchange performed banking services without proper authorization. Olubukola Akinwunmi, head of…
- 4 Apr 2024
FG in Talks with INTERPOL to Extradite Anjarwalla, Fugitive Binance Executive
Discussions have been in top gear between the Federal Government (FG) and the International Criminal Police Organisation (INTERPOL) to facilitate the extradition of Nadeem Anjarwalla, a Binance chief…
- 14 Mar 2024
FG asks Binance to Provide 6-Month Transaction Data of Top 100 Users
federal government has asked Binance for information on its top 100 users in the country, as well as all transaction history for the past six months, the Financial Times has reported. The request,…
- 15 Apr 2024
Extradition Efforts Underway as Arjarwalla, Fugitive Binance Executive Located in Kenya
Nigerian Government has traced Nadeem Arjarwalla, Binance executive to Kenya following his escape from custody and is currently taking steps to extradite him back to Nigeria. According to a report…
- 5 Apr 2024
Binance-Nigeria Feud Takes Dramatic and Hilarious Turn
When drama and humor collide in the crypto world, it’s a spectacle no one wants to miss. The recent feud between Binance, the titan of cryptocurrency exchanges, and Nigerian authorities, takes the…
- 9 Jul 2026
Court Adjourns Alleged Binance Tax Evasion Case over Settlement Talks
Federal High Court in Abuja has adjourned the Federal Government’s alleged tax evasion case against Binance Holdings Ltd. cryptocurrency exchange, until September 24, 2026, to allow both parties more…
- 25 Apr 2024
Confusion as CBN Deletes, Reinstates Tweet Calling Crypto-Related Directive Fake
Central Bank of Nigeria (CBN) has been forced to deny a report saying it issued a directive requiring all banks and financial institutions to identify individuals or entities engaging in transactions…
- 26 Jun 2024
SEC Gives Crypto Firms 30 Days to Register or Face Sanctions
Securities and Exchange Commission (SEC) has given cryptocurrency exchanges and digital assets traders 30 days to re-register their businesses—or risk facing enforcement actions. This announcement is…
- 2 Jan 2025
Binance Hits 250m Users, Eyes for Billion in 2025
In a remarkable display of resilience and growth, Binance, the world’s largest cryptocurrency exchange, has announced it now boasts a user base of 250 million, inching closer to its ambitious target…
- 8 Apr 2025
Court Delays $81.5Bn Tax Evasion Case against Binance
Nigerian authorities have postponed legal proceedings against Binance as tensions persist over the crypto exchange’s role in the country’s economic troubles. According to a recent report, a court in…
- 25 Mar 2024
Detained Binance Executive Reportedly Escapes from Custody, Flees Nigeria
Nadeem Anjarwalla, one of the executives from Binance detained in Nigeria on allegations of tax evasion and other offenses, has reportedly escaped from custody. Nadeem Anjarwalla, executives of…
- 11 Sept 2024
Court Freezes N548.6m of Nigerian Crypto Users over Naira Fluctuation
Federal High Court has ordered that the bank accounts of suspected cryptocurrency users on ByBit, KuCoin, and other platforms have N548.6 million frozen by the Economic and Financial Crimes…