| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- The Binance Nigeria money laundering trial involving two executives has been postponed to May 17, as per recent media reports.
- The executives, Nadeem Anjarwalla and Tigran Gambaryan, were charged with money laundering and tax evasion.
- Binance is also facing compliance issues in Nigeria and other countries, marking a challenging period for the crypto exchange.
Postponement of Binance Nigeria money laundering trial involving two executives highlights ongoing compliance issues for the crypto exchange.
Postponement of Binance Nigeria Money Laundering Trial
The Binance Nigeria money laundering trial against the crypto exchange and its two executives, Nadeem Anjarwalla and Tigran Gambaryan, has been postponed to May 17, according to media reports. Binance’s lawyer requested the delay during a court appearance, claiming he had yet to receive necessary proof of evidence related to the case. The attorney was then allegedly served with a 300-page document in court and allowed to review its contents.
Legal Saga of Binance Executives
Gambaryan and Anjarwalla were originally detained in late February and later charged with money laundering and tax evasion. Anjarwalla, a dual citizen of Britain and Kenya, served as the crypto exchange’s regional manager in Africa, while Gambaryan, a U.S. citizen, was the company’s head of financial compliance. Nigeria’s government is reportedly angered by capital outflows caused by the crypto exchange, which have increased the African nation’s financial troubles.
Compliance Issues for Binance in Nigeria and Beyond
The trial’s postponement marks the latest twist in Binance’s legal saga. The Nigerian Central Bureau (NCB) of the International Criminal Police Organization (INTERPOL) for Africa Vice President Garba Umar confirmed that all paperwork for Anjarwalla’s extradition back to Nigeria has been finalized. Meanwhile, Binance CEO Changpeng ‘CZ’ Zhao was sentenced to four months in U.S. prison for his role in the Terra-Luna collapse. In addition to the money laundering trial, the crypto exchange and its executives are due back in court on May 17 to face tax evasion charges.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
The postponement of the Binance Nigeria money laundering trial and the ongoing compliance issues highlight a challenging period for the crypto exchange. As the legal proceedings continue, the crypto industry will be closely watching the developments and their potential impact on the future of crypto exchanges and regulations.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
