BREAKING: FG Drops Money Laundering Charges Against Binance Executive

BREAKING: FG Drops Money Laundering Charges Against Binance Executive

The Nigerian government has retracted the money laundering charges against Tigran Gambaryan, an executive of Binance Holdings Limited. Recall that in April of this year, the Economic and Financial Crimes Commission (EFCC) charged both Binance, a cryptocurrency company, and Gambaryan with alleged money laundering offences. Gambaryan, a citizen of the United States, has been in custody since February due to a crackdown on the cryptocurrency firm concerning alleged manipulation of the naira. A representative of the EFCC informed the Federal High Court in Abuja on Wednesday about the withdrawal of…