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Biden Thanks Nigeria for Releasing Binance Exec on Humanitarian Grounds

Biden Thanks Nigeria for Releasing Binance Exec on Humanitarian Grounds
Quick Take
Quick Take
U.S. President Biden thanked Nigeria’s President Tinubu for freeing Binance exec Tigran Gambaryan.
Gambaryan, detained for eight months, faced health issues and was denied bail.
Charges were dropped, allowing him to return to the U.S. for treatment.
The case gained global attention, sparking calls for humanitarian release.
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On Oct. 29, U.S. President Joe Biden expressed gratitude to Nigerian President Bola Tinubu for the release of Tigran Gambaryan, Binance’s head of financial crime compliance, who had been held in Nigerian custody for eight months.

Charges Dropped in Case Against Binance Employee Held in Nigeria - The New York Times

Gambaryan, an American citizen and former IRS agent, was detained in February after arriving in Abuja to discuss Binance’s operations amid concerns of “suspicious flows.”

While detained, Gambaryan faced harsh conditions, reportedly suffering from pneumonia, malaria, and spinal issues, with bail repeatedly denied.

His case attracted international attention, sparking calls for his release from family and Binance CEO Richard Teng.

Following the dismissal of all charges, Gambaryan returned to the U.S. for medical treatment within 24 hours.

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