Federal government has withdrawn the money laundering charges filed against Tigran Gambaryan, an executive of Binance Holdings Limited.
Gatekeepers News reports that Economic and Financial Crimes Commission (EFCC) arraigned Binance, a cryptocurrency firm, and Gambaryan, on allegations of money laundering in April.
EFCC counsel, R U Adaba announced federal government to withdraw the charges at the resumption of a hearing at federal high court in Abuja on Wednesday.
According to Adaba; Gambaryan is just a Binance employee and was not involved in the crime allegedly committed by the company.
Gambaryan’s counsel, Mark Mordi responded by saying his client does not get involved in the financial decisions of the cryptocurrency firm.
