The Binance trial has been postponed to May 17. The cryptocurrency exchange is being sued in Nigeria for money laundering and for engaging in specialized financial activities without a license

On Thursday, a Nigerian court followed the defense's request for additional time to review a 300-page document in the case file. In addition to these charges brought before the Economic and Financial Crimes Commission (EFCC), the Nigerian Anti-Corruption Agency, Binance and its managers are also facing charges of tax evasion. This other case is the subject of a separate trial which is due to resume on 17 May.

Binance and its directors, Binance and its managers, Tigran Gambaryan, a U.S. citizen and financial crime compliance officer, and Britannico-Kenyan Nadeem Anjarwalla, regional director for Africa, and Britannico-Kenyan Nadeem Anjarwalla, regional director for Africa, are accused of laundering over $35 million in Nigeria.