The federal government has sued cryptocurrency trading company Binance Holdings Limited at the Federal High Court in Abuja, demanding $79bn and N231m as compensation for economic losses allegedly caused by its operations in Nigeria. FG, in the suit marked FHC/ABJ/CS/1444/2024, filed through the Federal Inland Revenue Service (FIRS), demanded that the company pay an additional…
Tigran Gambaryan, the Binance executive who was left off the hook recently, insists that Nigerian officials demanded a bribe from him, despite the federal government’s denial. Gambaryan, who serves as Binance’s head of financial crime compliance, was detained in Nigeria from February to October 2024. According to the federal government, his arrest was part of…
The federal government has dismissed the allegations made by Tigran Gambaryan, a Binance executive, who was recently tried in Nigeria for financial crimes. Gambaryan, had alleged that Nuhu Ribadu, Nigeria’s National Security Adviser, sought to personally benefit from Nigeria’s dispute with Binance. He claimed that Mr Ribadu hired a US law firm to negotiate his…
Former Head of Financial Crime Compliance, Tigran Gambaryan, has accused Nigeria’s National Security Adviser, NSA, Nuhu Ribadu, of demanding billions to fund his political ambition. Gambaryan said Ribadu could not push through his demand due to the exposure of a corruption scandal. In 2024, Gambaryan was arrested by the Nigerian government and arraigned on money…
