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  • President Biden Thanks Nigerian President for Binance Exec’s Release: White House
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President Biden Thanks Nigerian President for Binance Exec’s Release: White House

cryptovert October 30, 2024 1 min read

Gambaryan,
head
of
financial
crime
compliance
at
Binance,
was
released
on
humanitarian
grounds
last
week,
eight
months
after
he
was
first
taken
into
Nigerian
custody
and
subsequently
charged
with
money
laundering
and
tax
evasion
as
a
proxy
for
his
employer,
which
the
Nigerian
government
accused
of
tanking
the
value
of
the
naira.
The
Nigerian
government
has
since
dropped
both
charges
against
Gambaryan,
though
Binance
still
faces
tax-evasion
charges
in
the
country.

While
imprisoned
in
Nigeria’s
notoriously
dangerous
Kuje
Prison,
Gambaryan’s
health
deteriorated.
According
to
his
family,
he
suffered
malaria,
pneumonia,
tonsillitis
and
complications
from
a
herniated
disc
in
his
back
that
left
him
struggling
to
walk.

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