Binance executive Tigran Gambaryan, known for leading a global investigations team, has officially resigned, according to Coindesk. Gambaryan, who joined Binance in 2021, was instrumental in establishing a 100-member unit composed of former prosecutors and federal agents, tasked with managing thousands of law enforcement inquiries worldwide. His expertise significantly enhanced Binance’s compliance framework amid increasing regulatory scrutiny.
In early 2024, Gambaryan faced detention by Nigerian authorities over compliance concerns related to Binance’s operations. Following diplomatic pressure from the United States, he was released without charges, underscoring the complex regulatory environment crypto firms navigate globally. Gambaryan’s departure marks a pivotal moment for Binance as it continues to strengthen its legal and compliance strategies.
In his resignation, Gambaryan emphasized his commitment to fostering collaboration between the cryptocurrency sector, regulatory bodies, and law enforcement agencies. His focus remains on integrating technological innovation with robust compliance measures to support the evolving digital asset ecosystem.