Binance tax evasion verdict set for October
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.
A Nigerian court has scheduled the verdict for the tax evasion trial against crypto exchange Binance for Oct. 11. Binance faces four counts of tax evasion, including failing to register with Nigeria’s Federal Inland Revenue Service (FIRS).
According to local media, Binance lawyer Ayodele Omotilewa appeared in court on Friday, July 12, and entered a not-guilty plea to all four charges before Judge Emeka Nwite.
Omotilewa urged the judge to dismiss the charges, arguing that the case lacks substance, similar to the previous dismissal of charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.
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Author: Amaka Nwaokocha
