Take
Nigeria,
for
instance,
where
Tigran
Gambaryan,
an
American
employee
of
Binance,
is
currently
detained.
Nigeria
claims,
without
evidence,
that
crypto
was
responsible
for
devaluing
the
naira
and
law
enforcement
there
has
accused
Gambaryan
of
money
laundering
and
tax
evasion.
According
to
the
BBC,
Nigeria
has
asked
for
$10
billion
in
return
for
his
release,
which,
frankly,
sounds
a
lot
like
a
ransom
demand.
“Tigran
has
been
unjustly
held
for
close
to
half
a
year
now,”
Teng
told
us.
“He
needs
medical
treatment
before
his
conditions
become
permanent.”
As
the
current
crypto
cycle
took
shape
with
the
ETF
approvals
and
the
Bitcoin
halving
in
the
last
six
months,
it
was
rumored
that
several
large
crypto
companies
would
look
to
go
public.
But
while
giants
like
Circle
are
getting
ready,
Binance
is
happy
with
its
current
ownership
structure,
Teng
said.