Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has departed Nigeria after eight months of detention. The world’s biggest cryptocurrency exchange made the disclosure in a statement shared with press on Thursday. “Today, American citizen Tigran Gambaryan left Nigeria to return home to his family after eight months of unlawful detention. “Gambaryan was allowed to…
A Federal High Court in Abuja, on Wednesday, ordered the release of Mr Tigran Gambaryan, the detained Binance Holdings Limited’s executive, from Kuje Correctional Centre. Justice Emeka Nwite gave the order after the Economic and Financial Crimes Commission (EFCC)’s counsel, R. U. Adagba, informed the court of the decision of the Federal Government to withdraw…
Changpeng Zhao, the founder of Binance and a key figure in the global cryptocurrency industry, has been released. He was released from a California correctional facility after serving a four-month sentence for failing to enforce anti-money laundering protocols on his exchange. The 47-year-old, widely known as “CZ,” returned to the US from Dubai earlier this…
The cryptocurrency trading platform Binance has outlined two conditions that must be met before it can consider registering under Nigeria’s Securities and Exchange Commission’s (SEC) special framework program for onboarding Virtual Assets Service Providers (VASPs), including crypto platforms. Binance’s position is in response to the regulatory frameworks set out for cryptocurrency platforms by Nigeria’s regulatory…
The Chief Executive Officer of the cryptocurrency trading platform Binance, Richard Teng, has called for the release of one of his employees, Tigran Gambaryan, who is currently standing trial in Nigeria. In February, two executives of the company, Tigran Gambaryan, and Anjarwalla, were arrested and detained after they flew into the country following a ban…