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Detained Binance Exec

Detained Binance exec posts new bail motion citing worsening health

In June, Nigeria’s Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.

The trial of Tigran Gambaryan, the Binance executive currently detained in Nigeria, recommenced on Sept. 2, 2024. Gambaryan’s attorneys filed a new motion for bail, citing the executive’s deteriorating health.

Lawyers for Nigeria’s Economic and Financial Crimes Commission (EFCC) immediately opposed the motion, arguing that Gambaryan was not in poor health, despite counsel for the government regulator submitting the detained executive’s health records to the court, which indicate that he requires surgery.

According to family spokespeople, these health records — which prison officials have failed to produce to the court for months — were lacking critical medical documentation such as MRI images performed on Gambaryan.

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