JUST IN: Federal Government Drops Money Laundering Charges Against Binance Executive

President Bola Tinubu-led government, on Wednesday withdrew the money laundering charges filed against an executive of Binance Holdings Limited, Tigran Gambaryan.

The Economic and Financial Crimes Commission (EFCC) in April 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.

More details later…