• 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

Flutter Entertainment Launches FanDuel Predicts in Five States

chest

Flutter Entertainment has launched its prediction market app, FanDuel Predicts, in five states in partnership with CME Group.

user avatarGustavo Mendoza

US Eliminates Tariffs on Brazilian Coffee to Lower Consumer Prices

chest

US eliminates tariffs on Brazilian coffee imports to lower consumer prices.

user avatarRajesh Kumar

Binance Launches Double the Joy Referral Event Offering 1 Million in Token Rewards

chest

Binance is launching a referral event called Double the Joy, offering 1 million in token rewards to enhance user engagement during the holiday season.

user avatarMiguel Rodriguez

BC Card Completes Pilot for Stablecoin Payments in South Korea

chest

BC Card has completed a pilot project for stablecoin payments in South Korea, allowing foreign visitors to use a digital prepaid card for transactions.

user avatarLuis Flores

Concerns Raised Over Offline Digital Euro Security

chest

Concerns raised about the security and privacy of the offline digital euro, highlighting limitations in transaction data protection and the need for robust security measures.

user avatarAndrew Smith

Fidelity Predicts Extended Bitcoin Bear Market Until 2026

chest

Fidelity's Jurrien Timmer forecasts a prolonged Bitcoin bear market extending until 2026, with potential support levels identified.

user avatarArif Mukhtar

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.