• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Appeals to U.S. Over Tigran Gambaryan's Detention in Nigeria

user avatar

by Giorgi Kostiuk

a year ago


  1. Deteriorating Conditions
  2. Calls for Humanitarian Intervention
  3. Detention History

  4. Binance CEO Richard Teng has called on U.S. authorities and the international community to intervene as Tigran Gambaryan, a former U.S. federal agent and Binance executive, has been detained in Nigeria for six months under deteriorating conditions.

    Deteriorating Conditions

    In a statement published by Binance’s CEO Richard Teng on the company's website on August 27, Gambaryan is reported to be suffering from “severe pain” and is unable to walk due to a “herniated disc.” Despite his condition, Nigerian authorities have denied him adequate medical care, including basic needs such as access to a wheelchair.

    “Despite his condition, Nigerian authorities have denied him adequate medical care, including basic needs such as access to a wheelchair.”Richard Teng

    Calls for Humanitarian Intervention

    Despite court orders to release Tigran Gambaryan’s medical records and demands for humane treatment, Nigerian authorities have not complied, according to the CEO. Teng urged the U.S. government to leverage its influence to secure Gambaryan’s release on humanitarian grounds and to protest Nigeria’s detention practices. He called on the U.S. administration to recognize Gambaryan as one of its “unlawfully detained” citizens abroad.

    “There is no need to imprison an innocent employee to answer for any allegations against Binance. We have resolved matters in countries around the world, including the U.S., Thailand, and most recently in Brazil and India, in a reasonable, collaborative, and amicable manner with governments.”Richard Teng

    Detention History

    This is not Teng’s first appeal for intervention. In May 2024, he appealed to the Nigerian government to release Gambaryan, who is the head of Binance’s Financial Crime and Compliance unit. At the time, Teng emphasized that the situation required attention from the global business community. Gambaryan and Nadeem Anjarwalla, Binance’s Africa regional manager, were detained by the Nigerian government after being invited to Abuja to discuss the exchange’s compliance with local laws in February 2024. Later, charges of tax evasion were brought against Binance and its executives.

    The appeal by Binance CEO Richard Teng highlights the need for international intervention to secure Tigran Gambaryan’s release, underlining the risks international companies face in unstable legal systems.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pumpfun Token Surges Amid Controversy

chest

Pumpfun's token PUMP has surged 385% in 24 hours amid controversy over USDC cashout claims labeled as misinformation by cofounder Sapijiju.

user avatarSatoshi Nakamura

LBank Launches 0 Spot Fees Carnival to Empower Traders

chest

LBank launches 0 Spot Fees Carnival offering zero fees on all spot trading pairs and a 100 Deposit Bonus Pro to empower traders.

user avatarJesper Sørensen

Bitmain Wallet's 628M Ethereum Acquisition Shakes Crypto Markets

chest

A wallet suspected to belong to Bitmain has acquired 20,532 ETH worth 628 million, signaling potential market shifts.

user avatarRajesh Kumar

RLUSD Stablecoin Gains Regulatory Approval in Abu Dhabi

chest

Ripple's RLUSD stablecoin has received regulatory approval for institutional use within Abu Dhabi's Global Market.

user avatarLucas Weissmann

Potential Changes in Federal Reserve Leadership Could Impact Bitcoin

chest

Speculation is growing about a potential change in Federal Reserve leadership, which could significantly impact Bitcoin's market dynamics.

user avatarFilippo Romano

XRP Liquidation Data Highlights Market Volatility

chest

XRP liquidation data reveals significant market volatility, with approximately 440 million in positions liquidated in the last 24 hours, primarily from long positions.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.