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The Nigerian government has officially dropped all money laundering charges against Binance executive Tigran Gambaryan, who had been in detention since April.
The decision was announced by a lawyer representing the Economic and Financial Crimes Commission (EFCC) during a hearing at the Federal High Court in Abuja on Wednesday morning
While Gambaryan and Anjarwalla were removed from the tax evasion charges in June, they still faced separate money laundering accusations until today’s announcement. Diplomatic efforts between Nigerian and U.S. officials have been ongoing for months to secure Gambaryan’s release.
The case against the Binance executives involved allegations of money laundering and tax evasion.