Nigeria defends Binance exec prosecution amid US lawmakers’ criticism

The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

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The Nigerian Minister of Information, Mohammed Idris, said the trial of Binance and its executive, Tigran Gambaryan, for illegal cryptocurrency trading in Nigeria follows the country’s legal procedures.

According to the statement, Idris reportedly said that the legal proceedings have followed due process at every stage, and prosecutors are confident in their case based on the evidence gathered.

He noted that Binance will have the opportunity to defend itself against the severe financial crime charges in court, with the next hearing scheduled for June 20, 2024.

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