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

Efforts to Bring Binance Employee Tigran Gambaryan Home from Nigerian Detainment

user avatar

by Giorgi Kostiuk

2 years ago


Efforts to Secure the Release of Binance Employee Tigran Gambaryan

In recent developments, a group of United States politicians has urged President Joe Biden and the hostage affairs unit to intervene in the case of Tigran Gambaryan, a Binance employee detained in Nigeria for more than three months on alleged charges of money laundering and tax evasion.

According to a letter dated June 4 addressed to President Biden, Secretary Antony Blinken, and Presidential Envoy for Hostage Affairs Roger D. Carstens, a plea was made to take immediate action to bring Gambaryan back home. The politicians emphasize that Gambaryan is being unjustly held by Nigerian authorities, prompting fears for his safety and well-being.

The letter underscores the urgency of the situation, stating, "We fear for his life. Immediate action is essential to ensure his safety and preserve his life. We must act swiftly before it is too late."

The politicians are advocating for the Special Presidential Envoy for Hostage Affairs to oversee Gambaryan's case, as detailed in the communication shared by Fox Business reporter Eleanor Terrett.

Gambaryan, who serves as the head of financial crime compliance at the cryptocurrency exchange, traveled to Nigeria in response to an invitation from the government to address compliance issues related to Binance's operations in the country. However, after a series of meetings that turned hostile, he was detained by Nigerian authorities.

Presently, Gambaryan is held in Kuje Prison in Nigeria under challenging conditions. His confinement has raised concerns due to the inadequate medical care he received, especially after testing positive for malaria. Despite a court order for private medical treatment, Gambaryan has not been transferred to a suitable facility.

The plight of Gambaryan worsened when he was denied bail on May 18 and later failed to appear in court on May 22, causing alarm among court officials and his legal team. Upon his eventual appearance in court, Gambaryan's deteriorating physical condition was evident, as he struggled to stand and eventually collapsed.

Furthermore, restrictions imposed by Nigerian authorities have prevented Gambaryan from meeting his legal representatives without supervision.

Prior to his tenure at Binance, Gambaryan served as a federal agent at the Internal Revenue Service for a decade, underscoring his background in financial compliance.

The detention of Gambaryan has sparked concerns among U.S. officials and the cryptocurrency community at large, highlighting the need for swift action to secure his release from Nigerian captivity.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Enters DCA Zone Amid Market Uncertainty

chest

Bitcoin's price has entered a dollar-cost averaging (DCA) zone, indicating potential accumulation opportunities as market sentiment declines.

user avatarLi Weicheng

Mixed Signals in Dogecoin Network Activity

chest

Recent analysis indicates mixed signals in Dogecoin's network activity, with an increase in active addresses and transaction counts, but a decline in overall market strength.

user avatarAisha Farooq

Dogecoin Exchange Reserves Show Slight Decline

chest

Dogecoin exchange reserves have decreased by 0.20% in the last day and 0.60% in the last week, indicating a potential shift in market dynamics.

user avatarBayarjavkhlan Ganbaatar

Dogecoin Enters Depressed Valuation Zone

chest

Dogecoin has entered a deeply depressed onchain valuation zone, trading significantly below its realized price, indicating potential capitulation among holders.

user avatarTenzin Dorje

Co-Conspirator Charged in Crypto Fraud Case

chest

Brandon Michael Tardibone, 28, has been charged with conspiracy to commit money laundering and harboring an alien in connection with a crypto fraud scheme.

user avatarElias Mukuru

Canadian Teen Indicted for Alleged Crypto Fraud Scheme

chest

A Canadian teenager, Trenton Richard David Johnston, has been indicted for allegedly running a multimillion-dollar crypto fraud operation from Miami, causing over $13 million in losses.

user avatarMohamed Farouk

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.