Tigran Gambaryan, a US citizen arrested in February, will be allowed abroad to seek medical treatment.
Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad.
The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic turmoil. The charges against Binance, including tax evasion offences that it denies, were part of a clampdown by the Nigerian authorities on cryptocurrency firms in general over fears they were being used for money laundering and financing terrorism.Mr Gambaryan’s family has been calling for his release over concerns about his health, saying conditions at the Kuje Correctional Centre - a prison in the capital, Abuja where he had been held since April - were exacerbating a back problem.
The Economic and Financial Crimes Commission then announced in court in Abuja on Wednesday that it was dropping the case against him.
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