The Nigerian government has officially dropped the money laundering charges against Binance executive Tigran Gambaryan. These charges, which had been pending since his arrest in April 2024, accused Gambaryan of money laundering and currency speculation tied to Binance's operations. The case was closely monitored, as Binance itself also faced tax evasion charges. During a surprise hearing just days before a scheduled court date, the prosecution announced the withdrawal of charges, citing that Gambaryan was merely an employee and not responsible for the company’s broader decisions.
Behind-the-scenes diplomatic efforts between the U.S. and Nigeria are thought to have played a role in the resolution of the case. Despite previous concerns about Gambaryan being a flight risk, this decision now brings an end to his months-long legal ordeal.
Will this decision impact how governments approach cryptocurrency firms in the future?
#CryptoNewss #BinanceNews #CryptoUpdate #NewsAboutCrypto
Source: Premium Times, Nigerian Eye, Decrypt
