Comment on Nigerian court releases Binance crypto official, following U.S. pressure

Nigerian court releases Binance crypto official, following U.S. pressure

Nigeria has dropped a money-laundering probe against a senior Binance official, to allow him to receive medical care abroad.  The African nation’s anti-corruption agency was investigating Tigran Gambaryan, 40, and the prominent cryptocurrency exchange for allegedly laundering up to $35.4 million, which they have denied.  As reported by the BBC, the accusation leveled at Binance was that it fixed exchange rates and speculated on currencies.

 

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