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President Biden Thanks Nigerian President for Binance Exec’s Release: White House

President Joe Biden called the Nigerian president to personally thank him for the release of detained Binance executive Tigran Gambaryan. Biden also discussed the agreement between the nations to cooperate on law enforcement matters, including issues related to illicit financial activities and cryptocurrencies. Gambaryan, who was released on humanitarian grounds, had been charged with money laundering and tax evasion as a proxy for Binance, although the charges were later dropped by the Nigerian government. Biden expressed his appreciation for Nigeria's leadership in securing Gambaryan's release and discussed the value of the partnership between the two countries in addressing global challenges and advancing security and prosperity.

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