Tigran Gambaryan, head of financial crime compliance at Binance, is leaving the company after prolonged legal issues in Nigeria.
Tigran Gambaryan's Departure from Binance
Tigran Gambaryan is leaving Binance after nearly eight months of legal troubles in Nigeria. His last working day is Friday, when all charges against him regarding money laundering and currency manipulation were dropped.
Gambaryan's Role at Binance and Previous Work
Before joining Binance in 2021, Gambaryan worked for the U.S. Internal Revenue Service, gaining a reputation for tracking illicit cryptocurrency transactions. At Binance, he focused on anti-money laundering initiatives and assisted law enforcement in global digital asset investigations.
SEC's Ongoing Case Against Binance
As Gambaryan departs, Binance remains under scrutiny. On May 29, the company filed a joint motion with the SEC to pause ongoing litigation regarding allegations of mismanagement of customer funds.
Gambaryan's exit from Binance highlights the complex legal challenges the company faces while SEC investigations continue to raise questions about its market status.
