Nigeria drops charges against Binance cryptocurrency boss

Nigeria's anti-corruption agency has dropped money-laundering charges against Tigran Gambaryan, a top Binance executive, to allow him to seek medical treatment abroad.

Gambaryan, arrested in February and charged with laundering $35.4 million, had been held in Abuja's Kuje prison, where his health worsened.

His company, Binance, is accused of contributing to Nigeria’s economic struggles through currency manipulation.

Though the charges against Gambaryan are dropped, Binance still faces tax evasion allegations in Nigeria.

Gambaryan's colleague, Nadeem Anjarwalla, fled the country after their arrest and remains wanted by authorities.