Tigran Gambaryan, former head of financial compliance at Binance, officially departs the company following his detention in Nigeria, marking a leadership shift.
Reasons for Tigran Gambaryan's Departure
Gambaryan left Binance on June 6, 2025, after an 8-month detention in Nigeria related to money laundering charges that were later dropped.
Gambaryan's Role in Compliance
Bringing his experience from the U.S. IRS, Gambaryan joined Binance in 2021 to strengthen financial compliance systems and played a critical role in developing anti-money laundering regulations.
Impact on Binance and the Crypto Market
Gambaryan's departure may lead to short-term changes in Binance's global operations. However, no significant impact on major assets like BTC or ETH is currently observed.
Ultimately, Tigran Gambaryan's departure signifies an important transition in Binance's leadership, raising new questions about the company's regulatory compliance amid global pressures.