-
The
first
Securities
and
Exchange
Commission
witness
in
Nigeria’s
trial
against
Binance
and
its
executives
has
been
cross-examined. -
The
money-laundering
trial
reconvenes
on
July
5. -
Tigran
Gambaryan’s
health
is
deteriorating
in
jail,
his
family
said.
Nigeria’s
money
laundering
trial
against
Binance
and
two
executives
was
adjourned
until
July
5
following
the
cross-examination
on
Monday
of
the
first
witness
from
the
country’s
Securities
and
Exchange
Commission.
The
court
was
also
made
aware
that,
despite
several
court
orders,
the
prison
where
Tigran
Gambaryan
is
being
held
has
not
released
the
medical
records
from
his
only
visit
to
hospital,
which
took
place
a
month
ago.
Gambaryan’s
health
is
deteriorating,
according
to
his
family.
Justice
Emeka
Nwite
again
ordered
that
the
reports
should
be
provided
to
Gambaryan’s
lawyers
by
Friday.
Gambaryan,
the
crypto
exchange’s
head
of
financial
crime
compliance,
has
been
detained
in
the
most
populous
African
nation
since
February
and
is
being
held
in
Kuje
prison
alongside
the
likes
of
terrorist
group
Boko
Haram.
Another
executive,
Nadeem
Anjarwalla,
who
also
faces
the
money
laundering
charges,
has
since
escaped.
“Tigran’s
health
continues
to
deteriorate
in
detention
and
he
complained
of
numbness
in
his
foot
as
well
as
back
pain,”
a
statement
from
the
family’s
spokesperson
said.
“He
has
had
double
pneumonia
and
malaria
whilst
in
prison.”
“As
I
have
stated
many
times
before
and
as
the
evidence
in
court
is
showing,
Tigran
has
never
been
a
decision-maker
at
Binance,
and
there
is
no
justification
for
his
continued
detention,”
Yuki
Gambaryan,
Tigran’s
wife,
said.
“It
is
time
for
the
Nigerian
authorities
to
do
the
right
thing
and
release
my
innocent
husband.”
U.S.
members
of
Congress
visited
Gambaryan
recently
and
urged
the
U.S.
to
take
further
action.
Binance
is
also
the
sole
defendant
in
a
tax
evasion
case
that
is
adjourned
until
July
12
after
charges
against
Gambaryan
and
Anjarwalla
were
dropped.
Binance
declined
to
comment.
CoinDesk
reached
out
to
Nigeria
SEC
and
Economic
and
Nigeria’s
Financial
Crimes
Commission
for
comment.