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Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.

Binance has hired U.K.-based Grant Thornton to advise on accounting and tax matters, it announced Wednesday.

The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.

Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.

Binance's lawyer needed more time to look at evidence from Nigeria's Economic and Financial Crimes Commission.

The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.

As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange.

The world's largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.

Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.

Binance, the world's largest cryptocurrency exchange, has helped India's Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on