According to recent updates from COINOTAG, Binance’s executive, Tigran Gambaryan, has successfully exited Nigeria after an extended period of detention. His release from Kuje Prison, where he had been held for eight months, was confirmed by family members on October 24. This development follows the announcement by local prosecutors who have moved to drop the charges against him. Gambaryan was initially taken into custody in February by Nigerian regulators and found himself in a facility notorious for housing serious offenders including members of the militant group Boko Haram. His bail application had been consistently denied; however, a recent decision allowed for his departure for medical treatment abroad. This incident highlights the complex regulatory climate surrounding cryptocurrency operations in Nigeria and raises questions regarding the broader implications for the global crypto ecosystem.
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