US Demands Release of Binance Executive From Nigeria

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


  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 However, the tax charges against the executive were later withdrawn.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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

HTX Research Unveils Insights on Stock-Linked Memecoins

HTX Research has released a report on stock-linked memecoins, analyzing their market structure and growth potential.

user avatarMohamed Farouk

BAI Builds Closed-Loop Infrastructure for the Agent Economy

BAI is building a closed financial loop for the agent economy, integrating models and agents to facilitate seamless transactions.

user avatarDiego Alvarez

BAI Sets New Industry Record with 151 Trillion Tokens Daily Throughput

BAI has set a new industry record with a daily throughput of over 151 trillion tokens, marking a significant increase since its launch.

user avatarElias Mukuru

Justin Sun Prize Launched to Transform Scientific Research

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

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.