2024

when

Coin

<ul class="wp-block-list news-points">
 <li>The Nigerian court has preponed the hearing of Binance and its two executives.</li>
 <li>The hearing was originally scheduled for October 11 but now reset for September 2.</li>
 <li>Executive Tigran Gambaryan has been reportedly facing severe health issues.</li>
</ul>
In the ongoing Binance-Nigeria legal battle, the court has <a href="https://www.reuters.com/world/africa/nigerian-judge-hear-money-laundering-case-against-binance-next-week-2024-08-26/" target="_blank" rel="noopener noreferrer nofollow">moved up the hearing</a> of the money laundering case against the exchange and its two executives. Originally scheduled for October 11, 2024, the hearing is now set for September 2.
The saga began in February 2024 when <a href="https://coinedition.com/binance-nigeria-is-involved-in-26b-in-illicit-flows-says-cbn/" rel="noopener noreferrer nofollow">Nigerian authorities apprehended</a> two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. The arrest occurred in the wake of Nigeria’s foreign exchange crisis and Binance’s alleged involvement in $26 billion in illicit flows.
Over the course, including several trials, attention turned to the detained executive Gambaryan, who reportedly faced serious health problems. Gambaryan’s family and friends voiced <a href="https://coinedition.com/u-s-congress-urges-biden-to-help-ailing-binance-exec-in-nigeria/" rel="noopener noreferrer nofollow">concerns about his worsening health</a>, particularly after he collapsed during a previous trial.
Despite Gambaryan being brought to the next trial in a wheelchair, the court initially scheduled the next hearing for October 11. Gambaryan’s f…
The post <a href="https://coinedition.com/binances-nigeria-nightmare-fast-tracked-trial-ailing-exec/" rel="noopener noreferrer nofollow">Binance’s Nigeria Nightmare: Fast-Tracked Trial, Ailing Exec</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Binance’s Nigeria Nightmare: Fast-Tracked Trial, Ailing Exec

Coin Edition

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