Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
Tigran Gambaryan was remanded pending trial, reports say.
Tigran Gambaryan was remanded pending trial, reports say.
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.
The Monochrome Bitcoin ETF is a flagship product of the firm and was initially expected to be listed with Cboe Australia’s larger rival, ASX, where larger volumes are available.
Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges in the country.
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe.
The latest price moves in crypto markets in context for March 26, 2024.
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
Customers in the country have until April 30 to close out their positions.
Ray said Bankman-Fried’s victims “will never be returned to the same economic position they would have been in today absent his colossal fraud.”
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.