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Tigran Gambaryan

Nigeria rejects claims of poor prison conditions, health for Binance exec

Mohammed Idris, Nigeria’s minister of information and national orientation, emphasized that Gambaryan enjoys full consular support from his home government.

The Nigerian government has denied claims that Binance executive Tigran Gambaryan is in poor prison conditions. A government minister argued that he receives quality medical care and complete consular services, and he emphasized a commitment to lawful trial and judicial integrity.

In a June 21 statement, Mohammed Idris, Nigeria’s minister of information and national orientation, addressed the claims made about poor prison conditions and Gambaryan’s health.

Idris’ statement comes on the heels of a recent post by two United States Members of Congress, Representative French Hill and Representative Chrissy Houlahan, who visited Gambaryan at the Kuje Detention facility on June 19, 2024. The pair posted a video of the visit on X, calling for his release.

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Binance exec legal battle escalates amid US-Nigeria tug of war

In a statement to the press, Gambaryan’s wife expressed her confusion about why the Economic and Financial Crimes Commission will not release her husband after a court cleared him of tax evasion charges.

The Economic and Financial Crimes Commission (EFCC) pressed ahead with its money laundering case against Binance and its executive, Tigran Gambaryan, on Thursday, June 20, prompting a response from his wife, Yuki Gambaryan.

According to local media, the EFCC’s lead counsel, Ekele Iheanacho, appeared during the proceedings, allowing the cross-examination of the Nigerian Securities and Exchange Commission Director, Abdulkadir Abbas, to proceed.

This development comes just days after a court cleared Gambaryan and Nadeem Anjarwalla — who had fled Nigeria — of tax evasion charges related to Binance in a case brought by the Federal Inland Revenue Service (FIRS) on Friday, June 14.

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Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit

Nigerian Court Dismisses Fugitive Binance Exec’s Rights LawsuitA Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit. Binance Exec’s Lack of Representation Leads to Lawsuit Dismissal A Nigerian Court […]

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Nigeria Drops Tax Evasion Charges Against Binance Executives

Nigeria Drops Tax Evasion Charges Against Binance ExecutivesNigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated that it awaits the court’s complete discharge of the executives from the cases. Binance Appoints Local Representative On June 14, […]

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Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention

Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s InterventionOver 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees expressed concern that the U.S. efforts to date have […]

Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook

US House Officials Urge President Biden to Free Binance Employee Incarcerated in Nigeria: Report

US House Officials Urge President Biden to Free Binance Employee Incarcerated in Nigeria: Report

US lawmakers urge the White House to take action and help a Binance employee who has been held captive in Nigeria since February. Binance Head of Financial Crime Compliance Tigran Gambaryan was detained in Nigeria following his arrival for meetings with government officials regarding the exchange’s compliance issues. In March, the Nigerian government filed charges […]

The post US House Officials Urge President Biden to Free Binance Employee Incarcerated in Nigeria: Report appeared first on The Daily Hodl.

Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook

Detained Crypto Executive Can Face Trial as a Binance Representative, Says Nigerian Court: Report

Detained Crypto Executive Can Face Trial as a Binance Representative, Says Nigerian Court: Report

A Nigerian court is reportedly ruling that a detained Binance executive can face trial as a representative of the crypto exchange platform. According to a new report by Reuters, a Nigerian court ruled that U.S. citizen Tigran Gambaryan – Binance’s chief financial compliance officer – can stand trial on behalf of the world’s largest crypto […]

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Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook

Binance exec denied bail in Nigeria money laundering trial

Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly due to a stolen previous one.

Tigran Gambaryan, a Binance executive detained in Nigeria since February, has reportedly been denied bail by a Nigerian court in a money laundering trial.

According to a local media report, Judge Emeka Nwite denied the bail application, stating that he believed Gambaryan posed a flight risk and would likely flee if released on bail.

Gambaryan, Binance Holdings and another senior executive, Nadeem Anjarwalla — who is currently at large — face charges from the Economic and Financial Crimes Commission (EFCC) related to money laundering and the financing of terrorism.

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Binance CEO Richard Teng Demands Nigeria Release Imprisoned Employee, Offers Help in Resolving Tax Issues

Binance CEO Richard Teng Demands Nigeria Release Imprisoned Employee, Offers Help in Resolving Tax Issues

Binance CEO Richard Teng is demanding the release of a top executive imprisoned in Nigeria for alleged money laundering crimes. In a new Binance blog post, Teng calls on Nigerian authorities to release Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been held for more than 70 days. Gambaryan was […]

The post Binance CEO Richard Teng Demands Nigeria Release Imprisoned Employee, Offers Help in Resolving Tax Issues appeared first on The Daily Hodl.

Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook