Tigran Gambaryan, Head of Financial Crime Compliance at Binance, will speak at the DC Blockchain Summit on March 26 in Washington, sharing his story about being detained in a Nigerian prison and discussing compliance challenges in the crypto industry.
Presentation at DC Blockchain Summit
The session featuring Tigran Gambaryan, titled 'Fireside Chat', will be moderated by Michael Gronager (Founder, Chainalysis), focusing on emerging compliance challenges in the industry and Tigran's story of imprisonment in Nigeria in 2024.
Conflict with Nigerian Government
Tigran, then a Binance executive in Africa, was invited to Nigeria for a meeting with government officials and later arrested on charges of money laundering and tax evasion. He claims that the Nigerian government and DSS officers tried to extort $150 million from Binance by making him a scapegoat. Although the money laundering charges have been dropped, Nigeria maintains that Binance conducted unreported crypto transactions worth $26 billion from the country.
Importance for the Crypto Industry
The Washington DC Blockchain Summit attracts major leadership figures from financial industry regulators and crypto professionals leading industry changes. Gambaryan is expected to deliver vital insights, drawing on his extensive experience in financial crime detection and compliance, offering essential perspectives on cryptocurrency regulation and security.
This event represents an opportunity for those interested in cryptography and compliance to gain valuable insights and lessons from Tigran Gambaryan's experience.
