Binance US Executive Faces Legal Battle in Nigeria Over Money Laundering Claims

In a significant development unfolding within the corridors of Nigerian judiciary, Tigran Gambaryan, a high-ranking executive of Binance U.S., firmly rebuffed accusations of money laundering in an Abuja High Court on April 8. Gambaryan, standing before the Nigerian Federal High Court, articulated his plea of not guilty as the Nigerian government launched legal proceedings against the leading cryptocurrency exchange.



Amidst the legal contention, the defense counsel for Gambaryan contended that their client was unjustly targeted, asserting that the blame could not be squarely placed on him for the actions purportedly undertaken by Binance Holdings Limited. They highlighted a procedural misstep, claiming that the prosecution had not properly served the company. In a plea for judicial clemency, Binance, on April 3, sought Gambaryan’s l
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First found on: Crypto news from Coinatory

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