Binance compliance chief denied bail in Nigeria money laundering case


FILE PHOTO: Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria April 4, 2024. REUTERS/ Abraham Achirga/File Photo

ABUJA (Reuters) - Binance's head of financial compliance was denied bail for a second time on Friday as his trial on money laundering charges started in Nigeria, with a judge ruling that the prison in which he is being held is capable of meeting his medical needs.

Tigran Gambaryan, an American citizen, has been in detention in Nigeria since the end of February. He and Binance deny the charges against him.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Sam Altman hints at the radical design choices behind OpenAI’s upcoming devices
Opinion: Enable Wi-Fi calling if your house has dead zones
'Brazen attempt': Can a start-up restore the original Twitter brand?
An ecological tale gives life to Metroid Prime 4
TSMC says some facilities evacuated after quake
Analysis-Waymo's San Francisco outage raises doubts over robotaxi readiness during crises
Apple, Google and others tell some foreign employees to avoid traveling out of the country
Opinion: Apple’s leadership exodus isn’t a crisis. It’s just smart transition planning
Opinion: AI is getting dangerously good at political persuasion
Cybersecurity experts warn that this browser extension is selling your chats with ChatGPT

Others Also Read