Browsing: Binance

Stakeholders in the cryptocurrency industry have called on Binance to reveal the identity of the government officials who asked for bribes. The stakeholders also demanded that Binance provide evidence of its bribery claims. Local crypto stakeholders told Cointelegraph that the bribery allegation from Binance could negatively affect the country’s image if not handled properly. The […]

The House of Representatives has decided to look into the escape of Binance's African region head, Nadeem Anjarwalla, from the custody of the National Security Adviser, NSA, Mallam Nuhu Ribadu. This comes as the Speaker, Abbas Tajudeen, directed the Committees on Financial Crimes, National Security and Intelligence, and Interior […]

The EFCC has denied preventing the delivery of legal documents to a Binance executive, as claimed by the Federal Inland Revenue Service. The agency made this known in a statement issued by its spokesperson, Dele Oyewale, on Friday, stating that the report is false, misleading, and not based on the facts before the […]

The Inspector General of Police, Olukayode Egbetokun, has assured that the International Criminal Police Organisation will soon re-arrest Nadeem Anjarwalla, the Binance Regional Africa Manager, who escaped from custody in Nigeria. Egbetokun mentioned this on Thursday while answering questions from reporters at the Nigeria Police Force Headquarters, Louis Edet House, Abuja. Egbetokun stated, “I am […]

The person who started and used to be the CEO of digital money exchange Binance, Changpeng Zhao, has been declared the richest person in the digital money world for the third year in a row as Forbes reveals the big shots in the digital money industry. Famously called CZ, Zhao's value is now approximately $33 billion, up from $10.5 billion last year, and he is the 50th wealthiest person in the world. Despite admitting […]

Binance has mentioned that its employee, Tigran Gambaryan, detained in Nigeria, is not part of the company’s management team. The crypto exchange giant clarified that Gambaryan, an American, only acts as a law enforcement officer and does not have the authority to make decisions. The company revealed this in a statement sent […]

The court has scheduled April 4, 2024 for the arraignment of Binance Holdings Limited and its officials, Tigran Gambaryan, and Nadeem Anjarwalla, who is currently on the run, for allegedly evading taxes. The involved parties received the hearing notice containing the date. The Federal Inland Revenue Service filed charges against […]

The detained Binance executive, Tigran Gambaryan, has alleged that the National Security Adviser, Nuhu Ribadu, and the Economic Financial Crimes Commission violated his fundamental human rights. Gambaryan, in an originating motion marked: FHC/ABJ/CS/356/24 sought a declaration that his detention and seizure of his international travel passport, contravened Section 35 (1) and (4) of 1999 Constitution. […]

Two leaders of Binance, the biggest cryptocurrency exchange, will remain in custody for at least two more weeks in Nigeria, as per their families. The duo went to court for the first time on Wednesday, even though they were not charged with a crime, according to Reuters.

The largest cryptocurrency exchange, Binance, has announced that the value of assets it holds for its users has surpassed the $100 billion mark. The exchange made this announcement in a statement on Monday. This accomplishment comes during a surge in digital asset prices and a significant increase in inflows throughout March. The exchange wrote […]