Binance exec leaves Nigeria after authorities drop final charges
After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment. Go to Source
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Binance loses ground to rivals, DEX’s on the rise: Report
Binance’s falling market share could present a significant opportunity for smaller rivals like Bybit and OKX. Go to Source
Nigeria Drops Money Laundering Charges Against Ex-US Federal Agent
The Nigerian government has dropped money laundering charges against jailed Binance executive and former U.S. Federal agent Tigran Gambaryan. The Binance executive’s lawyer said the charges were dropped after the court determined that Gambaryan was merely an employee and could not be prosecuted for crimes allegedly committed by his employer. This decision follows months of … Read more
Binance, Crypto.com lose ground to rivals, DEX’s on the rise: Report
Binance’s falling market share could present a significant opportunity for smaller rivals like Bybit and OKX. Go to Source
New Hampshire AG Joins Calls to Designate Jailed Ex-Federal Agent as Hostage
New Hampshire Attorney General John M. Formella and 17 other state attorneys general are urging the Biden Administration to designate Tigran Gambaryan, a detained U.S. citizen, as a hostage. The AGs express deep concern for his well-being and safety, given his prolonged detention in Nigeria without formal charges. Gambaryan, a former law enforcement officer with … Read more
Trial Postponed for Jailed Ex-US Federal Agent After Court No-Show
A Nigerian court has adjourned the trial of Tigran Gambaryan, a jailed Binance executive, due to his illness. Gambaryan, a U.S. citizen and former federal agent, missed a scheduled court appearance. Nigerian High Court Judge Emeka Nwite postponed the trial to allow the Binance employee to receive medical treatment. Gambaryan’s Health Problems A Nigerian court … Read more
Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access
Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access … Read more
Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token
Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the $3 trillion crypto derivatives market by pushing to have its BUIDL token accepted as collateral. Discussions are ongoing with major exchanges like Binance and Deribit. The token’s interest-paying structure could appeal to institutional investors seeking alternative collateral options in the growing derivatives sector. … Read more
20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme
A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department of Justice. The suspect is accused of moving illicit funds through payment platforms and cryptocurrency exchanges, transferring over $240,000 to crypto addresses. The money laundering conspiracy charge could result in a 20-year prison … Read more
Radiant Capital halts lending after exploit
Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. Go to Source