💸 EFCC Amends $35.4M Money Laundering Case Against Binance
The EFCC has amended its $35.4 million money laundering charges against Binance Holdings Limited, following the discharge of Tigran Gambaryan, a former co-defendant.
The revised six-count charge accuses Binance of:
Operating as a financial institution without a license.
Unauthorized forex transactions in Nigeria.
Concealing the origins of $35.4 million in unlawful proceeds.
The court entered a non-guilty plea for Binance and set trial dates for Feb. 24-25, 2025.
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The EFCC has amended its $35.4 million money laundering charges against Binance Holdings Limited, following the discharge of Tigran Gambaryan, a former co-defendant.
The revised six-count charge accuses Binance of:
Operating as a financial institution without a license.
Unauthorized forex transactions in Nigeria.
Concealing the origins of $35.4 million in unlawful proceeds.
The court entered a non-guilty plea for Binance and set trial dates for Feb. 24-25, 2025.
Crypto Pulse Nigeria | Subscribe