US Lawmakers Demand White House Intervention for Detained Binance Executive in Nigeria

  • US lawmakers have intensified efforts to secure the release of a Binance executive detained in Nigeria since February.
  • Tigran Gambaryan, Head of Financial Crime Compliance at Binance, was detained during his visit to discuss compliance issues with Nigerian officials.
  • Legislators argue that Gambaryan’s detention is unwarranted and serves as a coercive measure against Binance.

US Lawmakers Push for Release of Detained Binance Executive in Nigeria

Gambaryan’s Detainment Linked to Alleged Naira Collapse

In March, Nigerian authorities filed charges against Binance and its executives, including Tigran Gambaryan and Nadeem Anjarwalla, accusing the crypto exchange of contributing to the devaluation of the local currency, the Naira. The charges have sparked significant controversy and concern among US lawmakers.

Legislators’ Appeal to the White House

In a recent letter, prominent members of the US House of Representatives, led by Chairman Michael McCaul and Representative Rich McCormick, called on President Joe Biden and other top officials to intervene in Gambaryan’s case. The lawmakers described the charges as baseless and stressed that Gambaryan is being used as a bargaining chip to pressure Binance.

Health Concerns and Detention Conditions

Reports indicate that Gambaryan has experienced severe conditions during his detainment, including contracting malaria. The situation worsened when his request for hospital treatment was initially denied by prison officials. It was only after collapsing in court that a judge ordered his transfer to a private hospital. Despite this, full compliance with the court’s order has not been achieved, leaving Gambaryan’s health in jeopardy.

Calls for Immediate Action from the Special Presidential Envoy for Hostage Affairs

The lawmakers have urged for Gambaryan’s case to be handed over to the Office of the Special Presidential Envoy for Hostage Affairs. This office specializes in securing the release of Americans wrongfully detained or taken hostage abroad. The urgency of this request underscores the critical nature of Gambaryan’s health and safety.

Conclusion

The US legislators’ call to action highlights the pressing need for high-level intervention to secure the release of Tigran Gambaryan. With health concerns escalating, immediate measures are essential to ensure his safety and prevent further deterioration of his well-being. The unfolding situation remains closely monitored as all parties await a resolution.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Whale Deploys $28M into ETH/WBTC—Holds 3,550 ETH and Places $4M ETH Buy Order at $4,738 on Cowswap

COINOTAG reported, citing on‑chain analyst Ai Auntie, that a...

New Wallet Buys 9,486 ETH at $4,720 Avg After Receiving $44.78M USDC from Coinbase Prime — LookIntoChain

COINOTAG reported on September 13 that on-chain analytics provider...

Hyperliquid Whale “INeedACook” Nets $7.1M — 1,250 Bitcoin Long Now Up $2.78M

According to COINOTAG News and on-chain analyst Yu Jin...

New Wallet Opens $50.8M 20x ETH Short on HyperLiquid — 10,796 ETH at $4,718 Entry (Liquidation $5,086)

COINOTAG News reported on September 13 that on-chain monitoring...

LiveOne (LVO) Discloses Bitcoin Holdings Surpass $5M — BlockBeats News (Sept 13)

Music and entertainment firm LiveOne (NASDAQ: LVO) reported that...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img