BREAKING: Court Remands Binance Executive In Kuje Prison

A Binance executive, Tigran Gambaryan, has been remanded in Kuje Correctional Centre by a Federal High Court in Abuja pending the determination of his bail application.

Gambaryan pleaded not guilty to the money laundering charges brought against him by the Economic and Financial Crimes Commission on Monday, prompting the trial judge, Justice Emeka Nwite, to order his remand.

The judge scheduled the ruling on his bail application for April 18 and set May 2 for the commencement of the trial.