BREAKING: Court Adjourns Binance Tax Evasion Case

The tax evasion case involving Binance Holdings Limited and its executives has been adjourned by a Federal High Court in Abuja.

Initiated by the Federal Inland Revenue Service (FIRS), the lawsuit targeted Binance for alleged tax evasion. Alongside the firm, its officials Tigran Gambaryan and Nadeem Anjarwalla were also implicated.

In the lawsuit marked FHC/ABJ/CR/115/2024, Binance was accused of failing to register with the FIRS for tax purposes and neglecting to issue invoices to subscribers on its trading platform for Value Added Taxes.

The adjournment occurred on Thursday due to the FIRS’ inability to serve Gambaryan, who is in EFCC custody, with the charges.

Meanwhile, the EFCC’s alleged money laundering case against Binance is progressing separately.