Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
Tigran Gambaryan was remanded pending trial, reports say.
Nigeria
Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm
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.
Binance Is Having an Odd Time
Regulatory crackdowns, and possibly whatever is happening in Nigeria.
Nigerian Court Orders Binance to Relinquish Data of All Nigerians Trading on its Platform: Report
The interim order comes after an earlier report that Nigeria wanted Binance to give information regarding its top 100 users in the nation and all transaction history spanning the past six months.
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira.
Binance-Nigeria Brawl Continues As Country Asks Exchange to Submit List of Top 100 Users
Nigeria is also demanding all transaction history spanning the past six months from Binance.
Nigeria’s SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
The detentions are not necessarily arrests, a National Security spokesman told Bloomberg.
Coinbase Pushes Back on Reports It’s Blocked in Nigeria
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Bitcoin Surges to All-Time Highs in Turkey and Nigeria
Massive inflation and sliding purchasing power of national fiat currencies has likely boosted demand for bitcoin.