The ongoing lawsuits by Nigeria against Binance, the world's largest cryptocurrency exchange, for money laundering and tax evasion are intensifying. On August 27, 2024, Binance CEO Richard Teng requested the United States to intervene as the health of Tigran Gambaryan, a Binance employee and former federal agent, has deteriorated while in custody.
Binance Employee’s Condition Critical
Additionally, the CEO called for political pressure as Tigran is suffering from mental health issues, severe pain, and is unable to walk due to a herniated disc. Despite all these medical issues, the Nigerian government has refused to provide him with adequate medical care or access to legal counsel, which is unconstitutional.
Binance Money Laundering Case
In February 2024, the Nigerian government detained two Binance employees, Tigran and Nadeem Arjarwalla, on the charge of money laundering and tax evasion. However, both executives denied the charges. The Nigerian government also claimed that Binance was responsible for the decline in the national currency 'Naira.' Meanwhile, the report highlighted that Nigeria has never been a significant market for Binance.
Calls for U.S. Intervention
Considering the aforementioned medical concerns of Tigran Gambaryan, Richard Teng and other Binance representatives are calling for the U.S. and international organizations to intervene to provide medical assistance and ensure fair treatment for the company's employees detained in Nigeria.
The situation surrounding the allegations against Binance and the health condition of its employee Tigran Gambaryan is attracting international attention. Questions of justice and humanitarian treatment of detainees are becoming increasingly relevant, raising the need for intervention by international organizations and governments.
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