The Federal Inland Revenue Service (FIRS) has dropped tax charges against Binance cryptocurrency exchange employees Tigran Gambarian and Nadeem Anjarwalla. This is reported by CoinDesk with reference to a representative of the family of one of the defendants.
The FIRS agreed that the tax evasion case relates directly to the trading platform and it will be the only defendant in it. An authorized local representative of the exchange must appear in court.
According to government estimates, Binance received over $20 billion in revenue in 2023 alone, but did not pay taxes.
At the same time, Gambaryan and Anjarwalla continue to be charged in the money laundering case. A hearing has been scheduled for June 19 to discuss compliance with the rights of Binance employees. The actual consideration of the claim was postponed to June 20.
Gambaryan is still held in Kuje prison. Anjarwalla secretly flew from Nigeria to Kenya in late March. However, authorities tracked him there and are preparing his extradition.
Among other things, the Nigerian authorities accuse Binance Holdings Limited of conducting specialized financial activities without a license. Binance potentially faces a fine of $10 billion.
The company denies guilt and calls for the release of its employee.
Earlier, members of the US Congress and a group of American ex-officials called on President Joe Biden and Secretary of State Antony Blinken to provide assistance in returning Gambaryan to his homeland.
Source: Cryptocurrency
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