CandleFocus Binance executive, Tigran Gambaryan goes public about his 8-month detention in Nigeria
2025-02-10
Author: Content Editor
Tigran Gambaryan, an executive at cryptocurrency firm Binance, faced a protracted legal issue in Nigeria after the company's disputes with the Nigerian government. Gambaryan and his colleague were initially held hostage in a government-owned compound under military guard, and the officials demanded a hefty payment to resolve the issues. The situation escalated, and Gambaryan found himself in jail, facing charges of money laundering and tax evasion. After a viral video of Gambaryan's deteriorating health and international intervention, he was finally released and charges were dropped. There are reports of Gambaryan being considered for high-level positions in the cryptocurrency industry in the US.
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