• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Nigeria Drops Tax Charges Against Binance Executives

user avatar

by Giorgi Kostiuk

a year ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

BlackRock Increases ETH Purchases, Outpacing BTC

chest

BlackRock has purchased more Ethereum than Bitcoin for the first time, signaling a shift in institutional preferences.

user avatarGiorgi Kostiuk

Caldera Launches ERA Token and Community Airdrop

chest

Caldera has announced the launch of its ERA token and community airdrop aimed at enhancing governance and user engagement.

user avatarGiorgi Kostiuk

Ant Group and Circle Join to Integrate USDC into Alipay

chest

Ant Group and Circle announce a strategic partnership for USDC integration, enhancing Alipay's features and expanding financial capabilities in Asia.

user avatarGiorgi Kostiuk

XRP: Potential for Major Growth After Breakout from Descending Channel

chest

Analysis of XRP shows a sharp rise and potential turning point in the asset's price dynamics.

user avatarGiorgi Kostiuk

XRP Advances Towards $3 Due to ETF Speculation by BlackRock

chest

XRP sees price increase targeting $3 amid speculation of potential ETF approval by BlackRock influencing the market dynamics.

user avatarGiorgi Kostiuk

Pump.fun Launching ICO: Should You Expect Profits from This Token?

chest

Pump.fun will hold a $4 billion ICO. Let's examine the risks and potential outlook for this token.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.