Binance Executive Escapes Custody in Nigeria Amid Crypto Probe

📆 3/26/2024 8:40 AM
📰 allafrica

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An executive from cryptocurrency exchange Binance has escaped custody in Nigeria during a criminal investigation into the platform's alleged involvement in money laundering. Nadeem Anjarwalla, Binance's regional manager for Africa, fled Nigeria using a smuggled passport.

custody in Nigeria during a criminal investigation into the platform's alleged involvement in money laundering. Nadeem Anjarwalla, Binance's regional manager for Africa, fled Nigeria using a smuggled passport.

Binance ended trading with the Nigerian Naira after being accused of money laundering and terrorism financing, with no public evidence provided. Meanwhile, the government has filed charges against Binance, alleging complicity inMr Anjarwalla escaped a day after the Nigerian government slammed a four-count criminal charge on him, Tigran Gambaryan and Binance.

The Office of the National Security Adviser has called on the Nigerian public and the international community to provide information that can assist law enforcement agencies to…

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