Binance collaborating with Nigeria to resolve official’s detention — CEO

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The CEO of cryptocurrency exchange, Binance, Richard Teng, yesterday said that the company is working very closely with Nigerian authorities following the detention of the company’s Head of Financial Crime Compliance.

A Nigerian court has adjourned until May 2 a case against the executive, Tigran Gambaryan, and anotherofficial, who are accused of laundering more than $35 million, Economic and Financial Crimes Commission said on April 8.

The other executive Nadeem Anjarwalla, a British-Kenyan who is a regional manager for Africa, fled Nigeria last month.

 

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