Court adjourns Binance tax evasion case for settlement report

3 min read

The Federal High Court in Abuja adjourned the tax evasion case against Binance Holdings Ltd until Sept. 24 for a report of settlement after government counsel said parties are exploring reconciliation. Justice Emeka Nwite set the new date after earlier directions for a settlement report; Binance was re-arraigned on July 12 and pleaded not guilty to four counts, following an amended charge that listed Binance as the sole defendant after two executives were discharged. The article also notes separate EFCC money‑laundering allegations of $35.4 million and a FIRS civil claim seeking $79.5 billion, leaving significant legal and financial uncertainty.

Court adjourned the case to Sept. 24 for a settlement report