Nigeria Withdraws Charges Against Binance Executive

Reading time: < 1 minute

The Nigerian government has dropped charges of money laundering against Tigran Gambaryan, a Binance executive who has been detained in the country since February.

According to reports, Gambaryan’s lawyer announced the dropping of charges at the Federal High Court in Abuja on Wednesday morning.

However, the Nigerian government will continue to prosecute Binance on the money laundering charges without Gambaryan, as well as separate charges of tax evasion.

Less than two weeks ago, Gambaryan was denied bail based on medical grounds, despite his family’s protests and evidence of his deteriorating health.

Since being transferred to Kuje prison in March, Gambaryan has suffered from various physical and mental health issues, including a herniated disc, pneumonia, malaria, and tonsillitis.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.