Binance

March 24, (THEWILL) — Binance Holdings Limited, on Tuesday, moved to reach a truce with the Federal Government over the ongoing tax evasion case against it, prompting the Federal High Court in Abuja to pause proceedings until May 12,...

February 19, (THEWILL) – The Federal Government of Nigeria (FGN), through the Federal Inland Revenue Service (FIRS), has sued cryptocurrency trading firm, Binance Holdings Limited, to the Federal High Court, seeking compensation of $79.51 billion and N231 million for...

February 15, (THEWILL) – The House of Representatives has reiterated commitment to transparency, accountability, and the protection of Nigeria’s democratic institutions, following bribery allegations by Tigran Gambaryan, Head of Financial Crime of cryptocurrency firm, Binance. Gambaryan and his colleague, Nadeem...

November 25, (THEWILL) - The Economic and Financial Crimes Commission (EFCC) has filed a six-count amended charge of money laundering to the tune of $35.4 million against cryptocurrency trading firm, Binance Holdings Limited. This followed a previous ruling of the...

October 23, (THEWILL) - The Federal Government has withdrawn the money laundering charges preferred against the detained Head of Binance financial crime compliance unit, Tigran Gambaryan. The Economic and Financial Crimes Commission announced the decision on Wednesday, upon the resumption...

October 11, (THEWILL) – The Federal High Court, Abuja, has again refused bail application filed by Tigran Gambaryan, the detained Head of Binance financial crime compliance unit. THEWILL reports that the Court had on April 8, ordered that Gambaryan...

August 27, (THEWILL) – Cryptocurrency Platform, Binance, has accused the Nigerian government of alleged refusal to adequate medical care for Tigran Gambaryan, one of the company’s executive, who is currently detained in the country. Gambaryan, head of Binance Financial...

June 20, (THEWILL) - India's Financial Intelligence Unit (FIU) has imposed a fine of 188.2 million rupees (US$2.25 million) on the cryptocurrency exchange firm, Binance, for operating in the country in violation of local anti-money laundering regulations. The agency...

May 17, (THEWILL) - A Federal High Court in Abuja has rejected the bail application filed by Tigran Gambaryan, Head of Binance Financial Crime Compliance Unit. THEWILL reports that the Court had on April 8, ordered that Gambaryan be remanded...

May 8, (THEWILL) - The Federal Government has dismissed as diversionary claims by Binance that unidentified Nigerian government officials demanded bribes from the cryptocurrency exchange firm. THEWILL reports that Richard Teng, Chief Executive Officer of Binance, had alleged in...