• The lawmakers say Gambaryan is being held hostage and they fear for his life.
  • The Binance exec has been detained in Nigeria for nearly three months and may be suffering from Malaria.

As a crypto investor with experience in the industry, I’m deeply concerned about the situation of Tigran Gambaryan, the Binance executive who has been detained in Nigeria for almost three months. The reports of his potential ill-health and the allegations of money laundering and tax evasion against him and Binance are troubling.


A number of American legislators have urged President Joe Biden to secure the release of Tigran Gambaryan, the Binance executive currently held in Nigerian custody for close to three months.

Michael McCaul, the Chair of the House Foreign Affairs Committee, and eleven other leaders penned a letter to Secretaries of State Antony Blinken and Joe Biden, as well as Presidential Envoy for Hostage Affairs Roger D. Carstens.

In the letter, the writers implored the president to handle Gambaryan’s predicament as if it were a hostage situation and ensure his safe return to the United States. Gambaryan is an American citizen and holds the position of head of compliance at Binance.

I understand the urgency in the situation and the importance of taking immediate action to secure his safety and protect his life. Time is of the essence, and delaying could potentially put his life at further risk. Therefore, I strongly recommend that we act quickly and decisively to address this issue before it becomes too late.

I was surprised to learn that both Gambaryan and Nadeem Anjarwalla were detained by Nigerian authorities upon their invitation to settle a dispute with a local crypto exchange. Unfortunately, Anjarwalla managed to evade the situation, but I’ve been stuck in Nigeria for nearly three months now, unable to leave.

As a crypto investor following the latest news, I’ve come across a concerning update regarding a detained executive. His loved ones have shared that he’s unwell and could potentially be suffering from malaria. This alarming revelation came after his collapse in a Nigerian court on May 24th.

Binance and Gambaryan are facing money laundering and tax evasion charges in Nigeria.

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2024-06-05 10:44