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Binance executive Nadeem Arjarwalla tracked to Kenya after escaping Nigerian detention

Nadeem Arjarwalla, a Binance executive who escaped from a detention center in Nigeria, has been found by Nigerian authorities in Kenya. Arjarwalla is accused of causing instability in the Nigerian naira exchange rate market. The Nigerian government has expedited the extradition process, and the Nigerian Police Force, Kenyan Police Service, Interpol, and the Economic and Financial Crimes Commission (EFCC) are cooperating in the investigation. It is reported that Arjarwalla and Binance face charges of tax evasion, currency speculation, and money laundering, with an estimated total amount involved of $35.4 million. The National Security Adviser's office has transferred the case management authority to the Nigerian government, and Arjarwalla's partner, Tigran Gambaryan, has been detained by the EFCC.

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