The Nigerian court rejected the bail application of Binance executive Tigran Gambaryan

ChainCatcher news, a Nigerian court has denied the bail application of Binance's financial crime compliance officer Tigran Gambaryan. Judge Emeka Nwite believes that if the application of the Binance executive were approved, he might not continue to appear in court. A Binance spokesperson expressed disappointment and sadness over the ruling. The court will adjourn until May 23 for cross-examination.