EFCC Amends $35.4M Money Laundering Case Against Binance.

The EFCC has amended its $35.4 million money laundering charges against Binance Holdings Limited, following the discharge of Tigran Gambaryan, a former co-defendant.

The revised six-count charge accuses Binance of:

Operating as a financial institution without a license.

Unauthorized forex transactions in Nigeria.

Concealing the origins of $35.4 million in unlawful proceeds.

The court entered a non-guilty plea for Binance and set trial dates for Feb. 24-25, 2025.