Binance exec’s legal case in Nigeria adjourned until April 19
Tigran Gambaryan has been detained in Nigeria since March after coming to address concerns about Binance allegedly manipulating the naira.
Tigran Gambaryan, a United States-based executive for cryptocurrency exchange Binance who faces tax evasion charges in Nigeria, has reportedly had his case adjourned until April 19.
According to an April 4 Bloomberg report, Gambaryan will remain in Nigerian custody as authorities move forward with charges against the cryptocurrency exchange and two executives, but his case has been adjourned for two weeks. Gambaryan came to Nigeria with Binance executive Nadeem Anjarwalla in February following claims the exchange manipulated the country’s fiat currency, the naira.
Binance announced on March 5 that it intended to cease all naira transactions, effectively exiting the market for Nigerian users. Gambaryan and Anjarwalla — in Nigeria at the time of the announcement — were detained by authorities. Reports suggested that they face charges which include tax evasion and money laundering.
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