Daily Archives: April 8, 2024, 8:04 am

Binance exec Tigran Gambaryan pleads not guilty as judge sends him to Nigerian prison

It took six weeks, but Tigran Gambaryan finally got to proclaim his innocence in a Nigerian courtoom. Gambaryan, a senior US Binance executive, pleaded not guilty Monday to money laundering charges and was remanded to prison to await trial. Gambaryan’s lawyer argued that his client should not be held responsible for Binance’s activities in the African nation because he does…

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Statement on Jury’s Verdict in Trial of Matthew Panuwat

Today, after an eight day trial and only several hours of deliberation, a jury in the United States District Court for the Northern District of California found Matthew Panuwat liable for insider trading in violation of the federal securities laws. Statement of SEC Division of Enforcement Director Gurbir S. Grewal: “As we’ve said all along, there was nothing novel about…

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