Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the executives told CoinDesk. Tigran Gambaryan, a U.S. citizen and Binance’s head of financial crimes compliance, was charged with both tax evasion and money laundering along with his employer. After Gambaryan broke down on Thursday, the medical facility gave him intravenous treatment for malaria. Gambaryan was also meant to appear on Wednesday for his arraignment regarding the tax evasion charges but this was postponed to June 14.

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