Amidst multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its Naira currency.
Binance executive and former United States federal agent Tigran Gambaryan’s legal trial has been moved to September 2, as the crypto industry awaits an outcome with bated breath.
Gambaryan’s latest court hearing is set to commence later today. The Binance executive was arrested in Nigeria in February 2024, for charges related to money laundering.
In a worrying sign for the hearing’s outcome, the executive is yet to have access to his legal team, according to an Aug. 27 announcement by Binance CEO Richard Teng, who wrote: