• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

US Demands Release of Binance Executive From Nigeria

user avatar

by Giorgi Kostiuk

a year ago


  1. Politicians Take Turn to Request Gambaryan’s Release
  2. Charges Against Binance And Gambaryan
  3. Gambaryan’s Health at Stake

  4. The US is unrelenting in its effort to release Binance executive Tigran Gambaryan from Nigerian jail. He has been detained since February 2024 over regulatory, tax, and compliance issues.

    Politicians Take Turn to Request Gambaryan’s Release

    Secretary of State Antony J. Blinken already raised the issue with his Nigerian counterpart in May. Similarly, US Ambassador to Nigeria Richard M. Mills Jr. has also requested Gambaryan’s release in private conversations with several top officials in the country, including the president, finance minister, attorney general, and trade minister.

    Three months ago, House Foreign Affairs Committee Chairman Michael McCaul (R-TX), Representative Rich McCormick (R-GA), and fourteen other Republican representatives sent a letter to President Joe Biden, Secretary Blinken, and Special Presidential Envoy Roger Carstens urging the administration to designate Gambaryan as “wrongfully detained” under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act.

    In the beginning of the year’s second half, McCormick and Representative French Hill (R-AR) wrote to the House Committee on Foreign Affairs, requesting that Gambaryan be considered a hostage, citing his wrongful imprisonment in Nigeria.

    Charges Against Binance And Gambaryan

    The 40-year-old US citizen traveled to Nigeria to meet with local officials to discuss Binance’s business dealings in the country. However, the meeting went sideways after Nigerian authorities accused the exchange of hampering the economy.

    The charges brought against Binance and Gambaryan included money laundering and tax evasion. However, the tax charges against the executive were later withdrawn.

    Gambaryan’s Health at Stake

    It is worth noting that Gambaryan faces some health concerns. There are allegations of inadequate medical care in the prison where he is detained. In one of his court hearings, he struggled to walk with a single crutch and had to ask for help from the guards, although his pleas were ignored.

    Nigerian authorities remain adamant, stating that his case must proceed through the country’s judicial system.

    Talks are ongoing. The government will do all it can within the law, bearing in mind Gambaryan’s humanitarian rights, said Bayo Onanuga, an advisor to Nigeria’s President Bola Tinubu.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Trading in Extreme Fear Amid Market Fluctuations

chest

Bitcoin is currently trading around 91,633, with the Fear and Greed Index at 22, indicating extreme fear in the market despite a recent price gain.

user avatarZainab Kamara

Cronos and Solana Face Market Challenges Amid Downward Trends

chest

Cronos and Solana are facing market challenges with significant price declines of 24.9% and 28.5% respectively, due to current market conditions and investor sentiment.

user avatarTando Nkube

DeepSnitch AI Presale Gains Momentum with 64% Price Increase

chest

DeepSnitch AI's presale has raised over 600,000, with a price increase of 64% as it approaches its launch.

user avatarSon Min-ho

Tom Lee Adjusts Bitcoin Price Forecast Amid Market Uncertainty

chest

Tom Lee, chair of BitMine, has revised his Bitcoin price prediction, indicating that a year-end all-time high is uncertain.

user avatarAyman Ben Youssef

Contrasting Whale Trades Signal Mixed Market Sentiments

chest

Recent activity among Bitcoin whales shows contrasting trading strategies, with one whale taking a significant short position while another adopts a bullish stance, indicating mixed market sentiments.

user avatarKofi Adjeman

EtherFi Card Revolutionizes Crypto Spending

chest

The EtherFi card allows users to spend crypto without selling their assets, integrating DeFi principles into everyday transactions.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.