Nigeria Drops Tax Allegations Against Binance Executives: What Next?

Reported by Mustafa Mulla

The Nigerian Federal Inland Revenue Service (FIRS) has withdrawn tax allegations against two top Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. However, the charges are now solely directed at Binance, raising questions about the next steps for the cryptocurrency giant.

This dismissal of charges follows intense international pressure, including a letter from U.S. federal prosecutors urging the U.S. Department of Justice to press the Nigerian government. Initially, FIRS had brought tax charges against both Gambaryan and Anjarwalla. 

However, the agency has now chosen to redirect these charges solely at Binance, specifically through its local representative.

Read full report: https://coinpedia.org/news/nigeria-withdraws-tax-allegations-against-binance-executives/amp/

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