Nigerian Court Delays Binance Executives' Trials to May 17

The trials for money laundering and tax evasion involving Binance and its executives have been postponed, with key documents only recently served.

The Nigerian court has adjourned the trials of Binance executives Tigran Gambaryan and Nadeem Anjarwalla to May 17 due to late document service.
Tigran Gambaryan remains detained in Kuje prison, awaiting both his trial and a bail hearing on the same day.
Nadeem Anjarwalla has escaped, and Nigerian authorities are actively searching for him.
Binance faces significant legal challenges in Nigeria, including charges of laundering over $35 million and tax evasion.
The relationship between Binance and Nigeria has worsened, leading to the cessation of support for the Nigerian Naira by the crypto exchange.