Binance opens crypto trading to Syrians after US lifts sanctions

Binance, the world’s largest cryptocurrency exchange, has announced that users in Syria will now be able to trade digital assets on its platform. The decision follows the United States’ move last month to lift long-standing economic sanctions on the country. In a statement released Thursday, Binance confirmed that Syrian users will gain full access to […]

US drops lawsuit against Binance

The United States Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, in a move seen as part of a broader shift in regulatory strategy under President Donald Trump’s renewed leadership. A joint stipulation of dismissal, signed by attorneys for the SEC, Binance, and Binance founder […]

Court adjourns Binance tax evasion case to April 30

Court has postponed proceedings in a tax evasion case against global cryptocurrency exchange Binance until April 30 to allow the country’s tax authority time to respond to a motion challenging the validity of court documents served via email. The move follows an application by Binance’s legal representative, Chukwuka Ikwuazom, who asked the court to nullify […]

Court adjourns Binance exec’s $35.4m laundering case after absence at trial

The Federal High Court in Abuja has adjourned the trial of Tigran Gambaryan, a Binance executive facing charges of laundering $35.4 million, after he failed to appear in court due to health issues. The presiding judge, Justice Emeka Nwite, rescheduled the hearing for October 25 to allow time for updates on Gambaryan’s medical condition. At […]

The founder of Binance, Changpeng Zhao has been released after serving a four-month sentence in a California correctional facility. He faced charges related to regulatory breaches, specifically for failing to enforce anti-money laundering protocols at his exchange. Known as “CZ,” the 47-year-old returned to the US from Dubai earlier this year to address these legal […]

Binance: State house clinic accuses Gambaryan of rejecting medications

A medical report from the State House Annex Clinic in Asokoro, Abuja, alleges that Tigran Gambaryan, a detained Binance executive, refused prescribed medications and food when examined by a neurosurgeon in July. This report, along with other medical records, was presented in the Federal High Court, Abuja, on September 4, 2024, during arguments over Gambaryan’s […]

Binance co-founder’s sentence nears end with Halfway House transfer

Binance Co-founder and former CEO Changpeng Zhao, known as CZ, has been transferred from prison to a halfway house in Long Beach, California, as he prepares for a potential release in September. This move has sparked optimism within the crypto industry, with many viewing his release as a bullish indicator for Binance-related assets, including Binance […]

Binance exec Gambaryan seeks compensation for detention in Nigeria

A senior executive at Binance, Tigran Gambaryan, has petitioned the Federal High Court in Abuja to award costs against the Office of the National Security Adviser and the Economic and Financial Crimes Commission over his prolonged detention in Nigeria. The request was part of an amended originating motion for the enforcement of his fundamental rights, […]