Nigeria’s central bank denies false claims made by crypto media, asserting that it didn’t mandate local banks to freeze accounts associated with unlicensed crypto exchanges. The Central Bank of Nigeria (CBN) says it didn’t order local financial institutions to freeze accounts linked to unlicensed crypto exchanges after reports surfaced alleging such directives. In an X post, the...
The Nigerian government has located Binance executive Nadeem Anjarwalla in Kenya after he escaped custody. The government is now hoping to bring him back to Nigeria. Punchng.com, citing sources within the Nigerian presidency working on the case, confirmed that Anjarwalla’s whereabouts in Kenya are known. Efforts are underway to coordinate with Kenyan authorities to return him to Nigeria. Anjarwalla is believed...
Nigerian authorities arraigned Binance executive Tigran Gambaryan before an Abuja High Court on April 8, where the employee denied allegations and applied for bail. The senior Binance U.S. executive pleaded not guilty to money laundering charges before a Nigerian Federal High Court in the country’s capital as the government began its case against the cryptocurrency exchange. Gambaryan’s...
Nadeem Anjarwalla, a detained Binance executive in Nigeria, reportedly escaped custody after being taken for prayer. On Mar. 22, Nadeem Anjarwalla, a British-Kenyan who is Binance‘s regional manager for Africa, reportedly fled Nigeria after being detained upon arrival in the country as part of an investigation into the exchange. Anjarwalla, who was detained in Nigeria, reportedly departed from Abuja via...
