Despite the numerous allegations against Diddy, his defence team stands by its previous comments that the rapper is bouncing back stronger.

"He's doing fine (Sean "Diddy" Combs). You know, Dr King called it the law of unintended consequences. So sometimes the more you push a person down, the stronger they get and so he's making an adjustment. He had his family here today to support him. We really want to put an end to all of the clowning that we see on the Internet. This is a serious proceeding with serious consequences, and all of us are addressing it accordingly," Diddy's lawyer Anthony Ricco told the press on Thursday.

The charges against Combs stem from an extensive investigation into allegations of sex trafficking and racketeering. Federal prosecutors have accused the music mogul of orchestrating a network that exploited individuals for commercial sex acts.

R&B singer Cassie Ventura filed a lawsuit against Sean "Diddy" Combs in 2023, accusing him of repeated physical abuse, sexual exploitation, and rape throughout their decade-long professional and personal relationship.

In November 2023, the two reached an undisclosed settlement, while Combs firmly denied the accusations.

Cassie's lawsuit opened a plethora of legal actions against the 54-year-old rapper by more than 100 people including singer Dawn Richard.

The trial is scheduled to commence on April 4, 2024, at the Federal High Court (FHC) in Abuja, under the jurisdiction of Justice Emeka Nwite, local media reports.

However, Anjarwalla, a British Kenyan who is Binance's regional manager for Africa, managed to escape lawful police custody on March 22 and is now set to be tried in absentia.

Initially detained after their first court appearance on March 20, Gambaryan and Anjarwalla were expected to remain in custody for two weeks.

Among the charges levelled against Binance is the allegation that the company conducted specialised businesses without a valid license during its operations in Nigeria from January 2023 to January 2024.

The world of crypto trading seems to be in turmoil as its biggest pioneers have found themselves embroiled in legal battles.

Recent events include the arrest of HyperVerse crypto promoter Rodney Burton by U.S. security services, accused of being a part of a network that initiated  'fraudulent' presentations to unsuspecting individuals promising high returns to investors and purportedly backed by non-existent crypto-mining operations.

There is also the case of Sam Bankman-Fried who is serving a 25-year jail term for defrauding customers and investors of his cryptocurrency exchange FTX.

Under U.S. federal sentencing guidelines, Bankman-Fried was looking at a potential sentence of up to 110 years. However, the prosecution urged presiding Judge Lewis Kaplan to impose a prison term of 40 to 50 years on Bankman-Fried for what they labelled as a "historic fraud".