Coin

<ul class="wp-block-list news-points">
 <li>Nigerian court delays Gambaryan’s bail as legal disputes and health concerns persist.</li>
 <li>Gambaryan’s detention raises tensions with U.S. lawmakers urging Biden’s intervention.</li>
 <li>Binance claims Nigerian officials demanded secret $150M crypto payment, sparking corruption fears.</li>
</ul>
A Nigerian court has <a href="https://www.bloomberg.com/news/articles/2024-09-04/nigerian-court-weighs-binance-executive-s-application-for-bail?embedded-checkout=true" target="_blank" rel="noopener noreferrer nofollow">once again postponed</a> its decision on the bail application of Tigran Gambaryan, a senior executive at Binance Holdings Ltd., who has been detained in the country for over six months.
Gambaryan, the head of financial crime compliance at Binance, <a href="https://coinedition.com/binance-cz-face-lawsuit-over-money-laundering-allegations-in-seattle-court/" rel="noopener noreferrer nofollow">faces charges</a> related to currency manipulation and money laundering, according to Nigeria’s Economic and Financial Crimes Commission (EFCC).
During a court session in Abuja on Wednesday, the judge presiding over the case adjourned the ruling on the bail application, stating that a decision will be made at a later, unspecified date.
Gambaryan’s lawyer, Mark Mordi, argued that his client requires urgent medical attention, including surgery, which he claims the Nigerian prison system cannot provide. Mordi emphasized that Gambaryan’s health has been deteriorating since July 18th and that immediate medical intervention is crucial. … 
The post <a href="https://coinedition.com/binance-execs-detention-prolonged-bail-ruling-postponed/" rel="noopener noreferrer nofollow">Binance Exec’s Detention Prolonged, Bail Ruling Postponed</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Binance Exec’s Detention Prolonged, Bail Ruling Postponed

Coin Edition

Other articles published on Sep 5, 2024

Jojo Exchange Integrates Chainlink Data Streams On Base Mainnet

Analysts Offer Divergent Bitcoin Forecasts

Vivek Ramaswamy Criticizes SEC and Calls for Workforce Reduction

Telegram Founder Pavel Durov's Arrest: A Closer Look at the Charges

Fed Issues Cease and Desist Order to Crypto-Friendly United Texas Bank Over AML Violations

New Solana Memecoin Trump’s Nukes Will Rally 16,000% Before Exchange Listing, As DOGE and SHIB Fall

Join our free newsletter for daily crypto updates!