The trial against Binance and two executives in Nigeria has been adjourned until July 5. This decision came after the cross-examination of a witness from the Securities and Exchange Commission (SEC) on Monday. Furthermore, it was learned that one of the defendants, Tigran Gambaryan, has not received his medical records from a hospital visit that took place a month ago. Despite several court orders, the prison where he is being held has not released the records. His family reports that his health is deteriorating as he continues to be held in Kuje prison alongside individuals affiliated with Boko Haram.
Tigran Gambaryan, who is head of financial crime compliance at Binance, has been detained in Nigeria since February. He faces charges of money laundering along with another executive, Nadeem Anjarwalla. However, Anjarwalla managed to escape while Gambaryan remains in prison. His family spokesperson stated that Gambaryan has never been a decision-maker at Binance and there is no justification for his continued detention. She called on Nigerian authorities to release her innocent husband. U.S members of Congress have visited Gambaryan and are urging their government to take further action.
In other news, Binance remains the sole defendant in a tax evasion case while charges against Gambaryan and Anjarwalla have been dropped. The case was adjourned until July 12 with no comment from Binance or any other parties involved including CoinDesk who made requests for comments to SEC and Economic and Financial Crimes Commission (EFCC).