Just in: Court Remands Binance Executive In Prison

By Kayode Sanni-Arewa

A Federal High Court in Abuja has remanded Tigran Gambaryan, a high-ranking executive of Binance, in Kuje Correctional Centre.

The remand comes as Gambaryan faces allegations of money laundering brought against him by the Economic and Financial Crimes Commission (EFCC).

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Gambaryan entered a plea of not guilty before Justice Emeka Nwite, who subsequently ordered his detention pending the determination of his bail application.

The court has scheduled a ruling on the bail application for April 18, with the trial set to commence on May 2.

Details later

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