• 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

2 years 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 However, the tax charges against the executive were later withdrawn.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 Bull Score Index Moves to Neutral Zone

chest

The Bitcoin Bull Score Index has risen to 50, indicating a shift from bearish to neutral territory, according to CryptoQuant's Julio Moreno.

user avatarElias Mukuru

Sullivan Cromwell Admits AI Errors in Bankruptcy Filing

chest

Sullivan Cromwell admits to errors in a bankruptcy filing due to AI-generated inaccuracies, including fabricated citations.

user avatarDiego Alvarez

Customer Loyalty at Risk Due to Bank Inaction on Crypto

chest

A recent survey found that 35% of European investors would consider switching banks if another institution offered better cryptocurrency investment options.

user avatarKenji Takahashi

Traditional Banks Struggle to Meet Cryptocurrency Demand

chest

Traditional banks in Europe are struggling to meet the growing demand for cryptocurrency investment services, with only 19% currently offering ways for clients to buy or hold digital assets.

user avatarMaria Fernandez

Bitcoin's Strategic Role in US National Security Discussed in Senate

chest

Admiral Samuel Paparo highlighted Bitcoin's potential as a cybersecurity tool during Senate testimony, linking it to US-China competition.

user avatarGustavo Mendoza

Bitcoin Price Set for Potential Increase

chest

Bitcoin's price is projected to rise, with long-term holders anchoring the market at higher levels.

user avatarRajesh Kumar

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.