As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far.
The financial watchdog chair said that if recovered, the funds could significantly enhance infrastructure, healthcare and education across the continent.
Nadeem Anjarwalla escaped prison and traveled to Kenya, and his colleague will press his rights claims in court next month.
Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day.
Binance CEO Richard Teng recently denounced the Nigerian authorities’ abuse of power and mistreatment of the crypto exchange executives, including still-detained Tigran Gambaryan. Teng considers it’s time to highlight the implications of the saga between the crypto exchange and the Nigerian regulators on behalf of the business community. Related Reading: SEC Chair Gensler: Crypto Represents […]
Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited. The news raised alarms as, four months ago, Nigeria lifted the ban that prevented banks and other financial institutions from operating accounts for […]