New Development in the Nigeria-Binance Conflict! Binance Manager’s Request Rejected!

Binance’in head of financial crime compliance Tigran Gambaryan He was denied bail by a Nigerian judge.

Binance Executive Tigran Gambaryan Denied Bail in Nigeria Due to His Deteriorating Health

Gambaryan has been detained in Nigeria since February and is currently being held in Kuje prison, which houses dangerous inmates, including members of the Boko Haram terrorist group.

Gambaryan was arrested along with Binance employee Nadeem Anjarwalla, who escaped from custody in March. Originally accused of tax evasion and money laundering, Gambaryan had his tax-related charges dropped, but money laundering charges remain.

The court decision on bail was postponed in September, and Gambaryan’s legal team made a new request, citing his rapidly deteriorating health.

Gambaryan has required surgery since July and suffers from numerous health problems, including malaria, pneumonia, tonsillitis and a herniated disc that has left him wheelchair-bound, according to his lawyer, Mark Mordi.

However, during his recent court appearance, Gambaryan was seen struggling on a single crutch instead of using a wheelchair, further increasing concerns about his situation.

Gambaryan’s wife, Yuki Gambaryan, expressed her disappointment with this situation. “It is completely unfair to deny someone in Tigran’s condition the opportunity to receive appropriate medical attention.

“I pray that when he is finally released, the damage he suffered will not be permanent,” he said. Despite her exhaustion and disappointment, Yuki vowed to continue fighting for her husband’s release.

*This is not investment advice.