US attorneys push Biden to help free Binance exec held in Nigeria

October 19, 2024 Coin Telegraph

Biden

Concerns increased over Tigran Gambaryan’s well-being on Oct. 18 after his illness prevented him from appearing in court.

A group of 18 state attorneys general has urged President Joe Biden to help secure the release of Binance executive Tigran Gambaryan, who has been detained in Nigeria since February 2024.

The attorneys general have asked Biden to designate Gambaryan as a hostage under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act.

The group expressed concern over Gambaryan’s deteriorating health and the unlawful nature of his detention, according to a joint letter sent on Oct. 18.

5 times crypto appeared in pop culture in 2024

Binance Executive Tigran Gambaryan To Stay in Nigerian Prison After Judge Rejects His Request for Bail: Report

October 12, 2024 The Daily Hodl

Binance

Binance executive Tigran Gambaryan will reportedly remain imprisoned in Nigeria after a judge denied his request to post bail. According to a new report by Bloomberg, Gambaryan, a former agent of the US Internal Revenue Service (IRS) and Binance’s current crypto compliance officer, had his request for bail rejected by a justice of Nigeria’s Federal […]

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5 times crypto appeared in pop culture in 2024

Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies

September 19, 2024 Bitcoin.com

Atlantic Council

New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […]

5 times crypto appeared in pop culture in 2024

Binance exec’s mother pleads with US gov’t to secure his release

September 19, 2024 Coin Telegraph

Binance

Detained in Nigeria for more than six months and with reported deteriorating health, Tigran Gambaryan likely won’t return to court until Oct. 9.

The mother of Tigran Gambaryan, a Binance executive detained in Nigeria since February, has been calling on the United States government to end her son’s detention in the country.

In a Sept. 18 interview from California news outlet KMPH Fox 26, 75-year-old Knarik Gambaryan urged US authorities to take action to secure Tigran’s release from Nigeria, claiming that he had been “detained wrongfully” and citing his deteriorating health. On Sept. 3, a video emerged through social media appearing to show the Binance executive’s physical condition for the first time since being detained by authorities, leaving him barely able to walk to court.

“He’s just a regular US Citizen,” said Knarik Gambaryan. “The US government has to take care of its people. He’s not a criminal.”

5 times crypto appeared in pop culture in 2024

India, Nigeria, Indonesia Lead Chainalysis 2024 Crypto Adoption Index

September 12, 2024 Bitcoin.com

Bitcoin

India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Chainalysis Highlights Global Cryptocurrency Adoption Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography […]

5 times crypto appeared in pop culture in 2024

US Authorities Attempting To Access Imprisoned Binance Employee in Nigeria: Report

September 9, 2024 The Daily Hodl

Binance

US governmental authorities are attempting to gain access to an incarcerated Binance employee in Nigeria, according to a local reports. In February of this year, Binance executive Tigran Gambaryan was arrested alongside a colleague, Nadeem Anjarwalla, who managed to escape the country. The pair had traveled to Nigeria to engage in regulatory talks. Gambaryan has […]

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5 times crypto appeared in pop culture in 2024

US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption

September 9, 2024 Bitcoin.com

The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to discuss the opportunities and challenges of AI development and use. Participants will work to identify and harmonize tech governance strategies to ensure AI is adopted […]

5 times crypto appeared in pop culture in 2024

Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General

September 6, 2024 Bitcoin.com

Bitcoin

Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam. This followed a lawsuit against Bimbo Toyin Akinyemi, a Nigerian national accused of the fraud. The court ordered full restitution and penalties, enabling the Attorney […]

5 times crypto appeared in pop culture in 2024

Detained Binance exec posts new bail motion citing worsening health

September 2, 2024 Coin Telegraph

Binance executive

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.

5 times crypto appeared in pop culture in 2024

Binance Executive Detained in Nigeria Now in ‘Deteriorating Condition,’ According to CEO Richard Teng

August 29, 2024 The Daily Hodl

Binance

Binance executive Tigran Gambaryan, who has now spent more than six months in a Nigerian prison, is suffering from “rapidly deteriorating” health conditions, according to the firm’s CEO. In a new blog post, Binance chief executive Richard Teng says Gambaryan can no longer walk and is in desperate need of medical care. “Tigran’s physical and […]

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Nigeria

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