Binance exec Tigran Gambaryan denied bail again in Nigerian court
Binance's former head of financial compliance has an outstanding appeal against his first bail denial, rendering a new request moot.
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Binance's former head of financial compliance has an outstanding appeal against his first bail denial, rendering a new request moot.
Read more (2 min) →Judge Emeka Nwite attended a seminar at the National Judicial Institute instead of Binance exec Gambaryan's bail hearing in Abuja.
The US is reportedly seeking access to Binance executive Tigran Gambaryan due to health concerns stemming from his Nigeria's imprisonment.
Binance exec Tigran Gambaryan claims while in prison in Nigeria, he has suffered from malaria, tonsillitis, pneumonia, and a herniated disc.
Extradition of Nadeem Anjarwalla has reportedly begun with the Binance exec facing charges of laundering $35 million.
Nadeem Anjarwalla was detained with fellow Binance exec Tigran Gambaryan late last month after Nigeria banned a number of crypto exchanges.
Nigeria hasn't charged the Binance execs but its central bank governor went on TV to blame exchanges for facilitating flows of criminal funds.
Nigerian official Bayo Onanuga said a $10B fine may be imposed but nothing's been finalized. Binance says it's heard nothing about the demand.