Binance exec shares details about release from Nigerian detention
Roughly five months after returning to the United States, Tigran Gambaryan spoke to the audience at the DC Blockchain Summit on his detention in Nigeria.
Tigran Gambaryan, a Binance executive who was held in Nigeria for eight months in 2024 on tax and money laundering charges, provided additional details about his experience and what led to his release.
Speaking at the DC Blockchain Summit on March 26, Gambaryan, the head of financial crime compliance at Binance said the Nigerian government had held him hostage, suggesting the criminal charges were a pretext to “get something” from Binance. Gambaryan said he saw signs suggesting he could be released “around a month” before he was returned to the US.
“It was around the time the [United Nations] General Assembly in 2024 happened is when that pressure really ramped up against the Nigerian government, and it realized that I was more of a liability,” said Gambaryan. “Before that, they kinda saw me as an asset they could use to get their billions out of Binance.”
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Author: Turner Wright
