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Binance Urges the Release of Top Executive Tigran Gambaryan from Custody in Nigeria

Aug 28, 2024
  1. Detention and Health Issues
  2. Binance Leadership's Response
  3. Allegations and Economic Issues

Binance is urging the US government and international bodies to pressure Nigeria to release its top executive, Tigran Gambaryan, who has been in custody for six months.

Detention and Health Issues

Gambaryan's detention is deemed unjust, and his physical and mental health is rapidly declining due to a lack of proper medical care and legal access. Binance CEO Richard Teng has expressed concerns about Gambaryan's deteriorating health, citing a herniated disc that has left him in severe pain and unable to walk. Despite this, Nigerian authorities have allegedly denied him basic medical assistance, including a wheelchair.

Binance Leadership's Response

The situation has worsened because the government has not complied with a court order to release Gambaryan's medical records, further preventing him from receiving necessary care. Binance sees the allegations against Gambaryan as baseless and part of an attempt to blame the company for Nigeria's economic issues, particularly the sharp decline of the Naira, Nigeria's currency.

Allegations and Economic Issues

The company is stepping up its efforts to secure Gambaryan's release, urging the US government to label him as 'unlawfully detained' and calling on people and organizations worldwide to condemn Nigeria's detention practices and advocate for his release.

Binance continues to make every effort to secure Tigran Gambaryan's release and ensure he receives the necessary medical care.

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