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NEWS: Nigeria drops tax charges against Binance executives

Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria April 4, 2024. REUTERS/ Abraham Achirga/File Photo

By MacDonald Dzirutwe Nigeria dropped tax evasion charges against two Binance executives on Friday after the world’s largest crypto exchange appointed a local representative to face all court processes relating to the allegations on its behalf. Binance and Tigran Gambaryan, a U.S. citizen and head of financial crimes compliance for the firm, and British-Kenyan national Nadeem Anjarwalla,…

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