Just In: FG drops money laundering charges against Binance executive

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The federal government has withdrawn the money laundering charges filed against Tigran Gambaryan, an executive of Binance Holdings Limited.

 

In April, the Economic and Financial Crimes Commission (EFCC) arraigned Binance, a cryptocurrency firm, and Gambaryan, on allegations of money laundering.

 

 

Gambaryan has been in detention since February following the clampdown on the cryptocurrency firm over alleged manipulation of the Nigerian currency.

 

More details to follow…

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SUNDAY ADEBAYO is a writer, Public relations practitioner, and a versatile Journalist with over 6,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently the Editor In Chief at Society Reporters. His passion is to deliver great and insightful news and analysis on topical issues and society happenstances.