- Binance executive Tigran Gambaryan’s bail application has been denied by the federal high court in Abuja
- The court denied the bail application on the ground that Tigran Gambaryan has the tendency to jump the bail
- The federal government counsel argued that Tigran Gambaryan is not only a citizen of the United States but a citizen of Armenian by birth
The Federal High Court in Abuja has rejected the bail application to free an official of the cryptocurrency giant Binance Holdings Limited, Tigran Gambaryan.
Justice Emeka Nwite of the court ruled on Friday, May 17, said Gambaryan, who is currently facing money laundering offences, is likely to jump bail if granted.
