Business
blog

6 Uncomplicated Ways to Get Studying Fun

  • July 26, 2020
blog

Acestea sunt semne bune că vor oferi mult

  • July 28, 2021
Naira falls N777 against dollar after CBN announcement
Economy

Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
Energy

Nigeria’s gas revolution will lift West Africa’s energy

  • March 6, 2022

Contact Info

Some Populer Post

Naira trades at ₦1,845/€ on Easter Monday

Business

S’Korea uncovers ‘Made in Korea’ breaches intended to bypass

Business

FG to enhance power grid by 4,000MW – Adelabu

Electricity

Oil prices slip amid trade war concerns, US-Iran nuclear

Oil and Gas

Tag: Binance

Bitcoin drops to $60,000 amid escalating Iran-Israel tensions
featured

Binance: Gambaryan’s release from Kuje prison denied

The Federal High Court, Abuja, denies the bail application of the detained Binance executive, Tigran Gambaryan, on Friday amid the Federal Government’s opposition. Gambaryan’s lawyer, M. Mordi, had requested an order for his client to be granted bail pending the hearing and determination of the money laundering case brought against him by the Economic and […]

Canada fines Binance $4.38m for money laundering
News

Canada fines Binance $4.38m for money laundering

Canada’s anti-money laundering agency announced on Thursday that it had imposed a hefty fine of nearly C$6 million ($4.38 million) on cryptocurrency exchange Binance for breaching money laundering and terrorist financing laws. The Financial Transactions and Reports Analysis Centre of Canada revealed that Binance had failed to register as a foreign money services business with […]

FG moves to restrict Binance, other crypto platforms
featured

Expose ‘bribe-seeking officials’, Nigerian crypto stakeholders tell Binance

Stakeholders in the Nigerian Cryptocurrency Industry demand that Binance reveal the identity of the official who tried to bribe them and prove their allegations. Local crypto stakeholders said if the bribery allegations against Nigeria, from Binance were not dealt with properly, they could hurt the country’s image. This was disclosed recently by the secretary of […]

FG moves to restrict Binance, other crypto platforms
News

FG denies Binance CEO’s bribery allegation

The Federal Government said it is committed to pursuing the criminal case against the crypto platform Binance and its officials to a logical conclusion. This follows a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times on Tuesday. President Bola Tinubu’s administration dismissed […]

Canada fines Binance $4.38m for money laundering
featured News

Abuja court adjourns Binance exec Gambaryan’s trial till May 17

A Federal High Court sitting in Nigeria’s capital, Abuja, on Thursday adjourned the trial of detained Binance Holdings Limited executive, Tigran Gambaryan, till May 17 2024 for the continuation of his trial. AMBusiness reported that Gambaryan and his fleeing colleague, Nadeem Anjarwalla, and Binance Holdings Limited are being prosecuted by the Economic and Financial Crimes […]

  • enitan
  • May 2, 2024
  • 0 Comments
  • 3 Views
Ex-Binance CEO sentenced to four months in jail
featured News

Ex-Binance CEO sentenced to four months in jail

The founder of Binance, Changpeng Zhao, has been sentenced to four months in a U.S. prison. This verdict came after Zhao pleaded guilty to charges related to money laundering, marking one of the most high-profile cases in the crypto world since the incarceration of Sam Bankman-Fried. Acknowledging Zhao’s acknowledgment of his misdeeds, U.S. District Judge […]

Crypto

Kenyan official denies fleeing Binance executive’s arrest

Kenyan officials have reportedly denied the arrest of the Binance executive, Nadeem Anjarwalla facing tax evasion charges in Nigeria. Nigerian authorities asked the Kenyan government to arrest and extradite Anjarwalla three weeks ago, people familiar with the matter said. So far, Nairobi has only confirmed his presence in the country According to Kenyan law, an […]

US seeks three-year jail term for ex-Binance CEO
News

US seeks three-year jail term for ex-Binance CEO

The U.S. prosecutors are seeking a three-year prison sentence for Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange. This comes after Zhao pleaded guilty to violating laws against money laundering. Prosecutors argue that a longer sentence than the recommended 18 months would reflect the seriousness of his violations and […]

Binance working with Nigeria govt to resolve exec's detention, CEO says
News

Binance working with Nigeria govt to resolve exec’s detention, CEO says

The CEO of cryptocurrency exchange Binance addressed the detention of its head of financial crime compliance by Nigerian authorities, stating that the company is actively collaborating with them to address the matter. Tigran Gambaryan, the executive in question, along with another Binance official, are facing allegations of laundering over $35 million, with the court adjourning […]

Crypto

Abuja court denies Binance executive bail

A Federal High Court in Abuja has further postponed the bail application of the Binance executive, Tigran Gambaryan even as he remains in custody at the Kuje correctional centre. Following the counsel of the Economic and Financial Crimes Commission, Iheanacho, Justice Emeka Nwite was persuaded to adjourn proceedings to give Iheanacho more time to deal […]

Binance working with Nigeria govt to resolve exec's detention, CEO says
Crypto

Binance to re-enter India after paying fine $2m

Alex Omenye The world’s largest cryptocurrency exchange, Binance, is poised to re-enter the Indian market after agreeing to pay a $2 million fine and registering as a Financial Intelligence Unit firm, as per a recent report. Following a crackdown by India’s Financial Intelligence Unit, Binance and nine other crypto exchanges were removed from the Apple […]

FG moves to restrict Binance, other crypto platforms
Business

Binance shifts billion-dollar emergency fund to USDC

Binance has undergone a shift by converting its entire pool of assets held in the Secure Asset Fund for Users into USDC, the stablecoin issued by US firm Circle Internet Financial. In the past, Binance has held TUSD, BNB, Bitcoin, and Tethers USDT funds in its wallet, according to Bloomberg. SAFU was set up in […]