As a seasoned crypto investor, I’ve closely followed the developments regarding Tigran Gambaryan’s detainment in Nigeria. The situation raises serious concerns about the treatment of foreign business executives and the rule of law in that country.
As a crypto investor, I’ve been closely following the developments regarding Binance and its executive, Tigran Gambaryan. Recently, there have been calls from U.S. lawmakers for his release, explaining that he seems to be caught up in a Nigerian political dispute. They are urging for his situation to be resolved as soon as possible.
Arkansas Republican Representative French Hill repeatedly calls on the Biden administration to intervene in the case of Tigran Gambaryan, an American citizen and Binance’s head of financial crime compliance, who is currently held in Nigeria. According to Hill, this detention is a result of a Nigerian political dispute.
During a conversation with FOX Business, Hill, who additionally holds the position of Vice Chairman of the House Financial Services Committee, expressed his intention to confer with representatives from the State Department regarding Gambaryan. The latter is under contested accusations involving money laundering.
“Tigran finds himself caught in the midst of Nigerian political turmoil. It’s essential that he is safely returned to the United States, his rightful home, allowing Binance to handle any further matters with the Nigerian authorities.”
French Hill
After their recent visit to Kuje prison outside Abuja, where they met with Gambaryan last week, Hill’s advocacy efforts became more fervent. Accompanied by Pennsylvania Democrat Representative Chrissy Houlahan, they found Gambaryan to be in a precarious state. His health was failing, with malaria and double pneumonia taking a heavy toll. He appeared frail, fragile, emotionally drained, and incredibly weak.
According to crypto.news, Tigran Gambaryan and Nadeem Anjarwall, top executives at Binance, were taken into custody by the Nigerian authorities in February and accused of committing criminal offenses. As of now, Gambaryan remains in detention, awaiting trial, while Anjarwall managed to evade captivity initially but was later handed over from Kenya to Nigeria for prosecution.
Two representatives from Binance traveled to Nigeria to dialogue with authorities about the regulatory concerns surrounding cryptocurrency exchanges, in light of the government’s latest clampdown on such platforms. However, after the talks, they were detained and had their passports confiscated by the officials.
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2024-06-26 13:04