News Explorer — Nigeria Drops Tax Charges Against Binance Executives

Generated by AI, curated by humans

Jun 14, 11:19 am

Coindesk

Nigeria Drops Tax Charges Against Binance Executives

The tax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla by the Federal Inland Revenue Service (FIRS) of Nigeria have been dropped, according to a family spokesperson. The FIRS has revised the charges to only apply to Binance, with Gambaryan no longer required to appear in court. However, Gambaryan and Anjarwalla still face a money laundering trial, with the next hearing scheduled for June 19th.

The tax charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla by the Federal Inland Revenue Service (FIRS) of Nigeria have been dropped, according to a family spokesperson. The FIRS has revised the charges to only apply to Binance, with Gambaryan no longer required to appear in court. However, Gambaryan and Anjarwalla still face a money laundering trial, with the next hearing scheduled for June 19th.

Latest

Jun 1, 7:58 pm

Decrypt

Polymarket Users Bet on Strategy Selling Bitcoin—It Did, But There's a Problem

Strategy, holding over $60 billion in Bitcoin, sold 32 BTC worth $2.5 million before May 31. The market's resolution is... Read Summary

Jun 1, 7:33 pm

Decrypt

After Bitcoin Perps Approval, Kalshi Eyes XRP, Dogecoin and Many Other Altcoin Products

Kalshi has filed to offer perpetual futures tied to various altcoins in the U.S., following CFTC's approval of Bitcoin f... Read Summary

Jun 1, 6:21 pm

Decrypt

Coinbase's Push Into Perpetual Futures Faces Challenges From Competition: Compass Point

According to analysts at Compass Point, Coinbase's efforts to offer leverage for digital asset speculation through perpe... Read Summary

Jun 1, 5:01 pm

Coindesk

Ethereum Founder Vitalik Buterin Proposes Using Options Contracts in DeFi to Mitigate Liquidation Risks

Vitalik Buterin proposed using options contracts to create index-tracking assets in DeFi, aiming to reduce sudden liquid... Read Summary

Jun 1, 4:25 pm

Decrypt

Tom Lee's BitMine Continues to Buy Ethereum Even as Strategy Starts Selling Bitcoin

BitMine Immersion Technologies increased its Ethereum holdings by purchasing 26,497 ETH worth $52 million, despite Ether... Read Summary

Jun 1, 3:44 pm

Decrypt

Strategy's Bitcoin Sale Led to a Stock Price Drop—Will It Sell More BTC?

Strategy's stock price plummeted after revealing a Bitcoin sale, causing concern among investors. The company aims to en... Read Summary

Jun 1, 3:32 pm

Decrypt

Over $2 Million in Ethereum Stuck for a Decade Has Been Recovered

An Ethereum developer successfully recovered over 1,000 ETH, valued at $2 million, from a 2016 failed crypto project, un... Read Summary

Jun 1, 3:19 pm

Decrypt

Sui Network Outages Stemmed From Gas and Validator Bugs

The recent outages on the Sui network were caused by crash bugs related to gas charging logic and a new address balances... Read Summary

Jun 1, 2:33 pm

Decrypt

Binance Now Lets Users Trade Over 7,000 US Stocks and ETFs

Binance has introduced access to over 7,000 U.S. stocks and ETFs, allowing users to convert shares into blockchain token... Read Summary

Jun 1, 2:24 pm

Decrypt

Bitcoin Nears 2-Month Low Price After ETFs Bleed and Strategy Sells Holdings

Bitcoin's price dropped to a two-month low of $71,479 following mass ETF outflows and a $2.5 million sale by Strategy. T... Read Summary

Jun 1, 1:38 pm

Coindesk

Japan's Ruling Party Suggests Legalizing Crypto ETFs

According to a Reuters report, Japan's ruling Liberal Democratic Party proposed creating a legal framework for trading c... Read Summary

Jun 1, 12:22 pm

Decrypt

Strategy Sells 32 BTC for $2.5M

Bitcoin treasury firm Strategy sold 32 BTC last week for $2.5 million, reducing its holdings to 843,706 BTC valued at $6... Read Summary

Jun 1, 11:46 am

Decrypt

Bitcoin ETF Flows Flip Negative for 2026 as Losses Near $3 Billion Over Last 10 Days

U.S. spot Bitcoin exchange-traded funds have experienced 10 consecutive days of outflows, totaling nearly $3 billion, pu... Read Summary

Jun 1, 10:46 am

Coindesk

Cardano Summit 2026 Canceled Due to Governance Voting Failure

The Cardano Foundation's proposed Summit 2026 has been canceled after failing to secure the supermajority needed for app... Read Summary

Jun 1, 11:11 am

Decrypt

Coinbase Debuts Direct INR Banking Rails in India

Coinbase has introduced direct INR banking rails in India, utilizing the Immediate Payment Service (IMPS) to streamline... Read Summary