Bybit has announced internal role adjustments for numerous executives subsequent to a mishandled airdrop impacting 320,000 users and resulting in a $26 million compensation disbursement.
Tigran Gambaryan, an executive at Binance, has been held in detention in Nigeria since February in connection with a money laundering trial. Reports indicate that a Nigerian court has denied his request for bail. Judge Emeka Nwite, presiding over the case, cited concerns about Gambaryan being a flight risk, suggesting he might flee if released on bail.
Steve Simon will step down from his position as chief executive of the WTA Tour, transitioning to the role of executive chairman once his successor is appointed. The decision to split the roles, which he has held since 2015, aims to enhance focus on the WTA's objectives.