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Nigerian court clears Binance executive of tax evasion charges

Court denies Binance executive bail, orders treatment under supervision
Court denies Binance executive bail, orders treatment under supervision

The Federal High Court on Friday discharged Tigran Gambaryan, a 39-year-old American, and fleeing Nadeem Anjarwalla from the Federal Inland Revenue Service tax evasion case against the cryptocurrency exchange platform, Binance.

According to Nairametrics, the court made the decision in a short ruling following fresh amended charges filed by the FIRS in view of a notice from Binance about its appointment of a Nigerian representative by the name of Ayodele Omotilewa.

FIRS had on March 22, 2024, filed legal proceedings against the cryptocurrency exchange platform and Gambaryan alleging tax evasion.

More to come…

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