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

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

user avatar

by Giorgi Kostiuk

2 years ago


  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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitwise Highlights Global Debt Pressure and Bitcoin's Unique Position

chest

Bitwise highlights the upcoming $30 trillion global debt refinancing in 2026 and its potential impact on Bitcoin's market position.

user avatarDavid Robinson

Ethereum Foundation Announces New Mandate Amid Internal Challenges

chest

Aya Miyaguchi, President of the Ethereum Foundation, announces a new mandate aimed at creating a smaller, more focused structure to address internal challenges and preserve Ethereum's unique value.

user avatarAndrew Smith

Strive's SATA Stock IPO Marks a Milestone in Bitcoin Financing

chest

Strive has launched the Variable Rate Series A Perpetual Preferred Stock, marking a significant milestone in Bitcoin financing.

user avatarJacob Williams

Strive Plans Major Expansion of Capital-Raising Capacity

chest

Strive is set to expand its capital-raising capacity by $42 billion to fund additional Bitcoin purchases.

user avatarZainab Kamara

Three Cryptocurrencies Reach New All-Time Highs

chest

Three cryptocurrencies—Hyperliquid (HYPE), Humanity (H), and LAB—have achieved new all-time highs despite the overall market crash.

user avatarSon Min-ho

MoneyGram Launches MGUSD, Its Own US Dollar Stablecoin

chest

MoneyGram has introduced MGUSD, a native US dollar stablecoin, marking a significant shift in its digital currency strategy.

user avatarAyman Ben Youssef

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.