| 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 → |
- Binance CEO, Richard Teng, has called for the release of a top executive, Tigran Gambaryan, who is currently held in Nigeria over alleged money laundering crimes.
- Gambaryan, head of Binance’s Financial Crime Compliance team, has been in custody for over 70 days.
- Teng promises that upon Gambaryan’s release, Binance will work with Nigerian authorities to resolve alleged potential outstanding tax liabilities.
Binance CEO demands release of top executive held in Nigeria, promising to cooperate with authorities to resolve any potential tax liabilities.
Binance CEO Calls for Release of Top Executive
Richard Teng, the CEO of Binance, the world’s largest cryptocurrency exchange, has demanded the release of Tigran Gambaryan, the head of the exchange’s Financial Crime Compliance team. Gambaryan has been held in Nigeria for over 70 days on allegations of money laundering.
Promise to Resolve Tax Liabilities
Upon Gambaryan’s release, Teng has committed Binance to work with Nigerian authorities to resolve any potential outstanding tax liabilities. He emphasized Binance’s willingness to cooperate with law enforcement and regulatory bodies, stating that the exchange has voluntarily worked with Nigeria’s law enforcement community more than 600 times in the past.
Charges Against Binance and Gambaryan
In March, Nigeria’s Economic and Financial Crimes Commission (EFCC) leveled various charges against Binance, Gambaryan, and Nadeem Anjarwalla, the regional manager for the crypto exchange’s Africa operations. The charges included operating without the required license, unlawfully negotiating foreign exchange rates, tax evasion, and concealing the origin of illegal proceeds and revenue of $35.4 million.
| 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 situation highlights the ongoing regulatory challenges faced by cryptocurrency exchanges globally. Binance’s commitment to cooperate with Nigerian authorities in resolving the issue is a significant step towards fostering a better relationship with regulatory bodies. However, the resolution of this case will likely have broader implications for the crypto industry within Nigeria’s borders.
| 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 → |
