Nigeria has dropped charges against Tigran Gambarayan, the Binance executive, and authorized his release after he had been detained since February. The decision came based on his poor health, leading the court to discontinue the case against him. Tigran Gambarayan was serving as the head of financial crime compliance for Binance, a major cryptocurrency exchange. The situation underscores the continuing regulatory scrutiny facing crypto firms, particularly in jurisdictions like Nigeria. This development continues to unfold, and further details are expected as more information becomes available.

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