THE Nigerian government says due processes are being applied in all stages of the trial of cryptocurrency platform Binance and its executives in line with the laws of the country. It noted that this is against the backdrop of continuing interest in the ongoing trial of the “rogue online platform, …
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Binance’s billionaire founder Changpeng Zhao has reported to a low-security federal prison in Lompoc, California. CNBC reached out to Zhao’s defense team at Latham & Watkins to confirm that the former crypto chief is now in custody. Zhao was sentenced to four months in prison in April after pleading guilty …
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Rep. Dominic Okafor (APGA-Anambra) has denied receiving 140 million dollars bribe from Mr Nadeem Anjarwalla, the Binance Executive, who escaped from detention. Okafor, who represents the Aguta Federal Constituency at the National Assembly, said this at a news conference on Friday in Abuja. An online media had alleged that he …
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THE embattled senior executive of cryptocurrency exchange Binance, Tigran Gambaryan, has appealed for assistance from the government of the United States of America in a viral video recorded in detention. In the video footage circulating online, Tigran Gambaryan revealed that he has been detained for a month, adding that he …
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A former Binance chief, Changpeng Zhao, is reportedly facing a prison sentence as the United States (US) federal prosecutors are urging the judge to impose a three-year term and a $50 million fine. Newsextra24 understands that this comes after Zhao, a Canadian national, resigned from his position at the world’s largest cryptocurrency …
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THE Kenya Police Service has successfully apprehended a senior executive of Binance, Nadeem Anjarwalla, who had been on the run, as efforts to extradite him to Nigeria gain momentum. This development was confirmed by government sources on Sunday night, who spoke to Punch under the condition of anonymity due to …
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THE Economic and Financial Crimes Commission, EFCC on Monday, April 8, 2024 arraigned Binance Holdings Ltd and one of its executives, Tigran Gambaryan before Justice Emeka Nwite of a Federal High Court sitting in Abuja. They were arraigned on a 5-count charge bordering on alleged tax evasion, currency speculation and …
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Barring any change, the Abuja Federal High Court has scheduled the arraignment of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla for Thursday. Gambaryan and Anjarwalla will be charged before Justice Emeka Nwite on two separate charges. The one filed by the Economic and Financial Crimes Commission, EFCC, which bothers …
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At least 19 countries have restricted or banned the popular global cryptocurrency exchange platform, Binance. GWG.ng reports that in Nigeria and some countries, Binance has been accused of fixing exchange rates and engaging in illegal transactions. Like other governments around the world, the Nigerian government has been investigating money laundering and terrorism …
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MINISTER of Information and National Orientation, Mohammed Idris on Monday said there is no hiding place for Nadeem Anjarwalla, a Director of Binance who escaped from custody and fled the country after he was detained by the Nigerian Government. The minister said the International Police (Interpol) were currently on Anjarwalla’s …
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