The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has issued an official public announcement commending the Federal Government, particularly the Economic and Financial Crimes Commission (EFCC), for their decision to withdraw the money laundering charges against Mr. Tigran Gambaryan, an executive of Binance Holdings Limited. This decision, which considered Mr. Gambaryan’s health condition, marks a significant development for the blockchain industry in Nigeria.
In the announcement, BICCoN highlighted the importance of balancing the rule of law with compassion and reaffirmed its commitment to supporting regulators to foster legal framework that supports both innovation and compliance within the industry. The organization also expressed confidence in the legal process as the case against Binance Holdings Limited continues.
To read the full announcement, please click here to download.
