Nigeria Drops Tax Charges Against Binance Executives

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


In the realm of cryptocurrency, a noteworthy development unfolded in Nigeria today. The Nigerian Federal Inland Revenue Service (FIRS) has decided to withdraw the tax allegations against Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. Speculations arise that this dismissal might be influenced by a recent communication to the US Department of Justice, where former high-ranking officials advocated for pressure on Nigeria.

Transition of Charges to Binance

Despite the dismissal of the case, the charges remain active, denoting Nigeria's resolute stance. The FIRS has chosen to redirect these allegations exclusively towards Binance. Consequently, Gambaryan is relieved from the obligation to confront tax accusations in court. Henceforth, Binance will be the solitary defendant in this scenario.

The abandonment of tax charges marks a significant milestone for Binance and its executives. Nonetheless, the discontinuation does not entirely resolve the legal troubles confronting Gambaryan and Anjarwalla. These two executives are still entangled in a money laundering case, with the approaching hearing slated for June 19. Consequently, there looms uncertainty regarding the potential release of Gambaryan.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Strategy's Financial Overview Highlights Cash Management and Asset Valuation

Strategy's Financial Overview Highlights Cash Management and Asset Valuation

user avatarDavid Robinson

Strategy Reports Significant Bitcoin Holdings and Digital Asset Gains

Strategy reports 848,517 BTC holdings and $20.91 billion gains from digital assets.

user avatarAndrew Smith

Binance Announces Phased Withdrawal Restart

Binance has announced a phased approach to restarting withdrawals, having replenished 95% of affected assets.

user avatarJacob Williams

Bitcoin Price Recovery Approaches $78,000

Bitcoin's price recovery has brought it closer to the $78,000 mark after a week of volatility.

user avatarSon Min-ho

LIT Token Surges Amidst Mixed Performance in Altcoins

Lighters LIT token experienced a significant surge of approximately 18% to $3.19 on November 1, 2026, amidst mixed performance in major cryptocurrencies.

user avatarZainab Kamara

Circle Releases Technical Guidance for ERC20 Transfers Using CCTP

Circle has published a developer guide detailing how issuers can utilize its CrossChain Transfer Protocol (CCTP) for ERC20 assets beyond USDC.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.