BREAKING: Court Remands Binance Executive in Abuja Prison

Today, in a significant development, 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).

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.

Further updates on this matter will follow in due course…