Binance Team Working Non-Stop to Free Detained Exec in Nigeria

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by Giorgi Kostiuk

2 years ago

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  1. Current Situation
  2. Health Concerns
  3. Support from Politicians and Public


    4. Binance CEO Richard Teng has announced ongoing efforts by the company to release their detained executive Tigran Gambaryan, who is in dire need of medical assistance.

    Current Situation

    Binance CEO Richard Teng stated that his team has been working around the clock to bring Tigran Gambaryan back to the United States, as the executive's health deteriorates each day. “We have repeatedly appealed to the Nigerian government to release Tigran so that he can go home and get the proper medical treatment that he needs,” Teng said at the TOKEN2049 conference in Singapore on September 19. Gambaryan was detained by Nigerian authorities after two meetings that were initially professional, but became increasingly hostile.

    Health Concerns

    Teng reported that Gambaryan contracted malaria and caught pneumonia twice while in detention, and his health is worsening. In May, he suddenly collapsed when appearing before a court. “He can't walk properly and he's not getting the proper medical treatment,” added Teng.

    Support from Politicians and Public

    Gambaryan received support from 12 U.S. politicians in June who called on President Joe Biden and other officials to make this case a priority. Gambaryan’s mother, Knarik Gambaryan, also called on U.S. authorities to increase their efforts to secure her son’s release. The U.S. politicians believe the charges against Gambaryan are part of a coercion tactic by Nigerian officials.

    Despite ongoing efforts to release Tigran Gambaryan, his health continues to decline. Binance and his family hope for a swift resolution and his return home.

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