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Nigerian Government Drops Charges Against Binance Executive in Money Laundering Case
You are here: Home / News / Nigerian Government Drops Charges Against Binance Executive in Money Laundering Case Nigеriаn govеrnmеnt drops chаrgеs аgаinst Binance еxеcutivе Tigrаn Gаmbаryаn аhеаd of triаl. Gаmbаryаn’s lеgаl tеаm highlightеd his limitеd rolе in Binance’s finаnciаl dеcisions during thе court hеаring. U.S. diplomаtic еfforts rеportеdly influеncеd thе Nigеriаn govеrnmеnt’s dеcision to rеlеаsе Gаmbаryаn from dеtеntion. Thе Nigеriаn govеrnmеnt hаs unеxpеctеdly withdrаwn аll chаrgеs аgаinst Tigrаn Gаmbаryаn, а Binance Holdings еxеcutivе, who hаd bееn dеtаinеd аnd fаcing triаl for monеy lаundеring sincе April 2024. In а surprisе hеаring hеld on Wеdnеsdаy morning аt thе Fеdеrаl High Court...
Will a New Chair Listen?: Peirce Urges SEC to Embrace Crypto
In early November, SEC Commissioner Hester Pierce delivered a fierce speech emblematic of her pro-crypto stance, offering a critique of her agency’s hostile treatment of digital assets and other innovative financial technologies in the United States. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Hester Peirce Calls for Clarity as SEC’s Crypto Approach Faces Scrutiny In an homage to Hobbes, Commissioner Peirce warned how a “regulatory environment that is characterized by instability, uncertainty, and fear renders entrepreneurial prospects ‘nasty, brutish, and short.’” It is hard to describe FTX, 3AC, and Luna/Terra—a cascade of financial...
Smoke Leads to Discovery of Illegal Crypto Mining Setup at Poland’s University of Wrocław
A hidden cryptocurrency mining operation was discovered in the basement of the University of Wrocław, according to police spokesman Wojciech Jabłoński, as reported by tvpworld.com. Covert Mining Operation Sparks Investigation at the University of Wrocław The operation was reportedly uncovered after smoke emerged from ventilation ducts at the university’s law department. Jabłoński explained that the smoke resulted from a short circuit in the mining devices, which were wirelessly connected to external systems via routers. Police responding to the scene found multiple devices consuming substantial amounts of electricity, all covertly installed and linked to the university’s electrical system. “The smoke resulted...