The Nigerian government has dropped charges against Binance executive Tigran Gambaryan, who was detained for over seven months. The decision was announced by a lawyer from the Economic and Financial Crimes Commission (EFCC), indicating that Gambaryan did not play a key role at Binance, and suggesting his health was a concern. Meanwhile, Ripple Labs filed an appeal on October 25 in the US Court of Appeals challenging the SEC's ruling on XRP institutional sales, which resulted in a $125 million fine. The appeal requests a review of the case's legal interpretations. In another development, FTX reached a $228 million settlement with Bybit over a lawsuit aimed at recovering funds to repay creditors, pending court approval. Additionally, Denmark's Tax Council recommended a bill to tax unrealized crypto gains, proposing a simpler approach to taxing crypto assets, potentially impacting investors from 2026.

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