Nigeria drops Tax charges against Binance executives, but Gambaryan remains detained
Nigeria drops Tax charges against Binance executives, but Gambaryan remains detained FIRS has dropped tax evasion charges against Binance . The Nigeria's tax authority, the Federal Inland Revenue Service (FIRS), has dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. This comes after sixteen US lawmakers accused Nigeria of unfairly detaining Gambaryan. Previously, in March 2024, FIRs accused Binance of not paying taxes on billions of naira worth of cryptocurrency transactions. They charged both Gambaryan and Anjarwalla with tax evasion. Prior to the continual detention of Tigran Gambaryan by Nigeria's authority, Sixteen US lawmakers sent a letter to President Biden on June 4th, claiming Gambaryan, a US citizen, was being held hostage to pressure Binance. Focus Shifts to Binance : Just a week later, Nigeria dropped the tax charges against the executives, making Binance the sole defendant. Binance maintains Gambaryan wasn't a decision-maker and his detention wasn't necessary. However, the Money Laundering Charges…
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