Nigerian Judge to Rule on Binance Tax Evasion Case in October

Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS). Binance’s lawyer Ayodele Omotilewa pleaded not guilty to the charges, urging the court to dismiss them. Meanwhile, Binance executives Tigran Gambaryan and Nadeem Anjarwalla were discharged from similar tax evasion charges in June, although they still face separate money laundering allegations.