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Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court

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Camomile Shumba is a CoinDesk regulatory reporter based in the UK. She previously worked as an intern for Business Insider and Bloomberg News. She does not currently hold value in any digital currencies or projects.

Nigeria has taken Binance and its executives to court and is pursuing tax evasion and money laundering charges.

Tigran’s lawyers objected to the application on the grounds that they needed to review the amended charge to advise Gambaryan on taking his plea. The court agreed to adjourn the matter to May 22 for arraignment, where charges are formally laid against the defendant. “The whole world is watching what he is being put through, and I just pray that common sense and justice will prevail and that Tigran will be allowed to come home to us.”

 

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