BREAKING: Binance Executive Remanded In Abuja Prison 

BREAKING: Binance Executive Remanded In Abuja Prison 

A Federal High Court in Abuja has remanded Tigran Gambaryan, a Binance executive, in Kuje Correctional Centre pending the determination of his bail application. Justice Emeka Nwite issued the directive after Gambaryan pleaded not guilty to the money laundering accusations brought against him by the Economic and Financial Crimes Commission (EFCC) on Monday……READ ALSO Binance Executive Escapes Custody, Flees Nigeria Amidst Legal Battle

The judge postponed further proceedings until April 18 to deliberate on Gambaryan’s bail request and scheduled the trial to commence on May 2.

The EFCC had arraigned Binance Holdings Limited, a cryptocurrency firm, and Gambaryan, the company’s head of financial crime compliance, on a five-count charge of money laundering before the federal high court judge in Abuja, Emeka Nwite.

More details to follow as the story develops.