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In the latest development of the saga between Binance and Nigerian authorities, the executive who fled from Nigerian custody at the end of March has been traced to Kenya by the Federal Government.
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Amid Nigeria’s crackdown on cryptocurrency activities, one of the detained Binance executives, Tigran Gambaryan, has taken legal action against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC), alleging a violation of his basic human rights.
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One of the two senior executives from crypto exchange Binance has escaped from the Nigerian authorities as criminal charges were pressed against him. The executive was first detained on February 26 as part of Nigeria’s actions against the exchange.
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Two senior executives from cryptocurrency exchange Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been detained against their will by Nigerian authorities, according to a recent report by Wired.
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To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.
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