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Binance Chief Faces Health Concerns Amid Bail Denial in Nigeria

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2 hours ago


Tigran Gambaryan, Binance's Chief Financial Crime Officer, continues to be held in Nigeria, facing alarming health concerns. His absence disrupted the latest court hearing.

A Frustrating Day in Court

Last week's scheduled court session for Gambaryan and Binance did not take place as officials from the Nigerian Correctional Service failed to produce him as required. This caused disbelief in the courtroom and frustration among his defense team.

Binance Executive’s Health Concerns Escalate

The situation escalated when a Correctional Service official informed the court that Gambaryan was very sick and unable to attend. His lawyers expressed alarm about his deteriorating health and requested another hearing to address these concerns.

The Ongoing Struggles of Gambaryan

Since his arrest, Gambaryan has suffered from various illnesses, including malaria and pneumonia, worsened by the conditions under detention. Despite his worsening health, bail requests have been denied. Efforts by US officials and Binance to secure his release have not been successful.

Gambaryan's health and legal challenges remain unresolved, posing a complex situation for him and his legal team. The next court date is set for October 25.

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