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Crypto, Nigeria, Binance

Binance Vs Nigeria: US Lawmakers Call For Release Of Detained Exec After Prison Visit

Rubmar Garcia
by Rubmar Garcia
1 year ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

US lawmakers continue to call for the release of the detained Binance executive Tigran Gambaryan. The ongoing saga between the crypto exchange and the Nigerian authorities intensified when several US Congress members sent a letter urging the Biden administration to take action.

Related Reading: ‘More Bullish Than Ever’: Circle CEO Explains Why He’s Optimistic About Crypto

This week, two US representatives visited Gamabaryan in prison during their trip to Nigeria. The politicians shared details about the executive’s alarming condition and urged for his “humanitarian release.”

US Lawmakers Continue To Call For Action

On Thursday, US representatives French Hill and Chrissy Houlahan called for the immediate liberation of former federal agent Tigran Gambaryan. Gambaryan was detained, alongside his colleague Nadeem Anjarwalla, by Nigerian authorities on February 26 and was accused of tax evasion and money laundering.

Since then, several politicians and industry leaders have requested the release of the Binance executive. Richard Teng, Binance’s CEO, released an open letter vouching for Gambaryan. Teng stated that the Nigerian authorities were cracking down on a mid-level employee who didn’t visit the country as a decision-maker or a negotiator.

Moreover, he accused authorities of using an innocent employee as a tool against the crypto exchange. Several US Congress members also voiced this sentiment in a letter to President Biden.

On June 4, sixteen House members urged the Biden administration to act “before it’s too late,” arguing that the charges against the executive are “baseless and constitute a coercion tactic by the Nigerian government to extort his employer, Binance.”

The politicians painted a worrying picture of the executive’s health in the letter. Reports of Gambaryan’s health condition appeared after he collapsed in a court hearing on May 22. The executive tested positive for malaria and had allegedly been denied proper medical assistance.

Binance Executive’s Condition Remains Critical

The Binance executive saw a small victory by dropping some charges against him. As reported by Bitcoinist, Nigerian authorities withdrew the tax evasion charges after Binance appointed a local representative to handle the legal dispute against the exchange.

Nonetheless, Gambaryan and Anjarwalla, who escaped from detention in March, still face money laundering charges. As a result, the detained executive remains in custody at the Kuje Prison in Nigeria.

On June 19, US representatives Hill and Houlahan visited the former federal agent on his cell, where they found his condition had worsened.

Binance

Representative Hill reveals visit to Kuje prison in Nigeria. Source: Rep. French Hill on X 

Per the post, the politicians visited the country “on a national security visit to talk about America’s support of Nigeria and other countries in West Africa in the fight against terrorism.”

Hill noted that they took the opportunity to advocate for the Binance executive and see the “horrible prison” where he is wrongfully detained. Moreover, the representative detailed they found the executive still suffering from malaria and double pneumonia.

Gambaryan also told the politicians he has lost significant weight and is still being denied access to adequate medical attention despite the court ruling that ordered he be taken to a medical facility for treatment.

Related Reading: Bitcoin Ransom For Student Data: Hacker Demands $2 Million To Prevent Leak

Following their visit, Representatives Hill and Houlahan asked that Gambaryan be granted a humanitarian release to ensure his safe return to the US:

Tigran must be immediately granted a humanitarian release, the remaining charges dropped, and he must return home to America where he belongs.

Binance

Binance Coin (BNB) is trading at $583.8 in the three-day chart. Source: BNBUSDT on TradingView 
Featured Image from Unsplash.com, Chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Rubmar Garcia

Rubmar Garcia

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Rubmar is a crypto enthusiast who likes learning and improving constantly. She enjoys reporting on the latest news and developments in the crypto industry. Rubmar also enjoys scrapbooking, crafting, simulation games, and watching football.

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