The federal government has withdrawn the money laundering suit filed against an executive of Binance Holdings Limited, Tigran Gambaryan.
According to reports, the lawyer representing the Economic and Financial Crimes Commission (EFCC) – the prosecuting agency – made this known at the Federal High Court in Abuja Wednesday morning.
Recall that, in April, the EFCC arraigned Binance, a cryptocurrency firm, and Gambaryan, on allegations of money laundering.
Gambaryan has been in detention since February following the clampdown on the cryptocurrency firm over alleged manipulation of the Nigerian currency.
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