๐ŸŽ‰Good news for Binance fans! ๐ŸŽ‰ Nigeria has dropped tax evasion charges against Binance's top executives, Tigran Gambaryan and Nadeem Anjarwalla. ๐Ÿ™Œ

The Nigerian Federal Inland Revenue Service (FIRS) had previously accused Binance of four counts of tax evasion, with Gambaryan and Anjarwalla named as defendants. The charges included failure to register with the FIRS, neglecting to deduct value-added taxes (VATs) from crypto trades, and aiding users in tax evasion. ๐Ÿ˜ฑ

However, the tax evasion case has taken a turn, with the charges against the executives being withdrawn. This means Gambaryan, who is still detained in Nigeria, will no longer need to appear in court for this case. Binance is now the sole defendant. ๐Ÿ˜ฎ

But hold your horses! ๐ŸŽ The executives are still defendants in a money laundering case brought by the Economic and Financial Crimes Commission (EFCC). The saga continues... ๐Ÿ˜ฌ

This all started when Nigeria blamed Binance for contributing to a forex crisis by allowing market manipulation and currency speculation on its platform. Binance CEO Richard Teng claimed Nigerian officials demanded a $150 million bribe to settle the charges, an accusation Nigeria called a diversionary tactic and attempted blackmail. ๐Ÿค”

Meanwhile, U.S. lawmakers have appealed to the president to secure the release of the detained Binance executive due to his deteriorating health. Stay tuned for more updates! ๐Ÿ“ฐ