Binance executive Tigran Gambaryan has been in custody in Nigeria since February. The recent bail denial has intensified focus on his case, raising concern from both family and company representatives.

Detention and Bail Denial

Tigran Gambaryan was detained in Nigeria in February and has been held at Kuje prison, where other detainees include members of the Boko Haram group. His bail application was denied despite his legal team's efforts, as confirmed by a family representative.

Health Deterioration

Initially charged with tax evasion and money laundering, the tax charges were later dropped. Despite this, the court postponed deciding on his bail, notwithstanding his lawyers' plea highlighting his deteriorating health. Reports indicate that Gambaryan suffers from malaria, pneumonia, and other ailments compounded by a herniated disc. Recently, he was seen in court using a single crutch, although he requires a wheelchair.

Family and Company Reaction

Tigran's wife, Yuki Gambaryan, expressed her despair and commitment to fighting for his freedom. The company has stated its readiness to cooperate with Nigerian authorities.

Tigran Gambaryan's situation raises concerns over his health and the transparency of legal proceedings, necessitating attention from all parties involved.