Binance
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Featured
Binance executive whisked into courtroom in wheelchair
The detained Binance Holdings Limited’s executive, Tigran Gambaryan, was on Tuesday, whisked into Federal High Court in Abuja in wheelchair. Gambaryan, who dressed in a black T-shirt with a blue jeans trousers, is facing a money laundering charge alongside the cryptocurrency firm. When the matter was called, Gambaryan stood up from the wheelchair and walked slowly into the dock. The…
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Featured
Court orders NCoS to release detained Binance executive’s medical report
A Federal High Court, Abuja on Friday, ordered the management of the Nigerian Correctional Service (NCoS) to release the medical certificate of Mr Tigran Gambaryan, the detained Binnace Holdings Limited executive, on or before July 16. Justice Emeka Nwite gave the order following an application by Gambaryan’s lawyer, Mark Mordi, SAN. Mordi had prayed the court to summon Dr Abraham…
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Featured
Binance executive, Gambaryan, may die of malaria in Kuje Correctional Centre-Lawyer
Aluko & Oyebode, the law firm handling the case of Binance Holdings Limited, says Mr Tigran Gambaryan, the cryptocurrency firm’s executive, standing trial alongside the company in Nigeria, may die in Kuje Correctional Centre. The law firm stated this in a letter addressed to the Deputy Chief Registrar of Federal High Court (FHC) and signed by a Partner, C.J. Caleb.…
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Featured
Alleged tax evasion : FIRS files amended charge against Binance, Gambaryan
The Federal Inland Revenue Service (FIRS) has filed an amended four-count charge against Binance Holdings Limited and its executive, Tigran Gambaryan, on alleged tax evasion. FIRS lawyer, Moses Ideho, made this known on Friday before Justice Emeka Nwite of a Federal High Court, Abuja. Ideho informed the court that following the escape of Nadeem Anjarwalla from lawful custody, the agency…
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economy
U.S. Mayor, NBA commend Tinubu, Ribadu over economic turnaround
The Mayor of the City of Blanco, Texas, U.S., Mike Arnold, and officials of the National Basketball Association (NBA) team have eulogised the economic strides of the Tinubu administration. They gave the commendation at a reception hosted for Nigerian author Reno Omokri at the official performance centre of the San Antonio Spurs, U.S. Mike Arnold, Mayor of the town of…
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economy
Naira appreciation: some sectors may witness drop in prices – -economist
A development economist, Prof. Ken Ife, says some sectors may soon witness a drop in prices as the naira appreciates against the dollar. Ife said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. He said the sectors likely to witness a decrease in prices included those strongly dependent on transport, diesel, and imported…
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Security
ONSA confirms escape of Binance boss, Anjarwalla
The Office of the National Security Adviser (ONSA) has confirmed the escape from lawful custody of Nadeem Anjarwalla, a suspect in the ongoing criminal probe into the activities of Binance, a cryptocurrency exchange company. Mr. Zakari Mijinyawa, Head, Strategic Communication, ONSA, said in a statement on Monday in Abuja that Anjarwalla escaped on Friday. Mijinyawa, however, said ONSA has taken…
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NEWS
US Justice Department investigates Binance
Binance, the largest exchange by trading volume, is facing money laundering and tax evasion investigations from the U.S. Justice Department and the Internal Revenue Service, according to Bloomberg. Although the government agencies haven’t accused the exchange of any wrongdoings yet, Binance spokesperson Jessica Jung claims that the company takes its legal obligations “very seriously.” “We take our legal obligations very…
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