The Federal Inland Revenue Service (FIRS) has dropped tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. This decision follows Binance’s appointment of Ayodele Omotilewa as their Nigerian representative, leading to the filing of amended charges.
The court has adjourned the case until July 12 for Omotilewa to take his plea. Binance expressed relief over the dropped charges against Gambaryan, highlighting that he is not a decision-maker at the company and should not be held for resolving issues with the Nigerian government.
Despite the relief on tax charges, the money laundering case against Binance is still active, and Gambaryan remains in custody.