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

MEXC Celebrates Bitcoin Whitepaper Day with New Campaign

MEXC celebrates the 18th anniversary of the Bitcoin whitepaper with a campaign aimed at fostering community dialogue and exploring new financial opportunities.

user avatarFilippo Romano

MEXC Ranks Second in Commodity Perpetuals Trading Volume in Q3 2026

MEXC ranked second in commodity perpetuals trading volume in Q3 2026, capturing a 17.43% market share.

user avatarTomas Novak

Bitcoin ETF Withdrawals Signal Caution Among Investors

Bitcoin ETF withdrawals on October 30 signal growing caution among investors amid security concerns and market volatility.

user avatarMaya Lundqvist

US Jobs Data Release May Influence Bitcoin Market

The release of employment figures on November 6 may influence Federal Reserve monetary policy and Bitcoin market volatility.

user avatarKaterina Papadopoulou

US Midterm Elections Could Shape Bitcoin Regulation

The upcoming midterm elections on November 3 are crucial for the future of cryptocurrency regulation in the US, potentially influencing digital asset legislation.

user avatarLeo van der Veen

Sui Foundation Releases Design Note on AI Agent Permissions

On October 28, the Sui Foundation released a design note emphasizing the importance of enforceable permissions for AI agents to enhance reliability in financial transactions.

user avatarAisha Farooq

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.