Binance executives refuse Nigerian money laundering charges and are being remanded to prison for trial

Binance executive Tigran Gambaryan pleaded not guilty to money laundering charges in Nigeria on Monday and was taken back to prison awaiting trial. Gambaryan's lawyer argued that his clients should not be responsible for Binance's activities in African countries because he does not have decision-making power in the company's business operations. According to Gambaryan's personal information on LinkedIn, he is the head of Binance's financial crime compliance department.