A federal high court in Abuja has refused to grant bail to Tigran Gambaryan, an executive of Binance Holdings Limited, a cryptocurrency firm.
Emeka Nwite, presiding judge, held that Gambaryan is likely to “jump bail if granted to him”.
The company and its executive were arraigned on a five-count charge bordering on money laundering.
The defendants pleaded not guilty to the charge.
Details later…
