US House Members Demand Biden Bring Home Detained Binance Executive from Nigeria
CryptoNewsTerminal Staff04 Jun, 2024
US House Members Demand Biden Bring Home Detained Binance Executive from Nigeria
U.S. Representatives Michael McCaul and several colleagues are urging President Joe Biden to secure the repatriation of Binance's money laundering compliance officer, Tigran Gambaryan, who has been detained in Nigeria for three months on dubious money laundering charges and has reportedly contracted malaria while in confinement. "Tigran Gambaryan, a Binance employee, has been unlawfully detained for three months in Nigeria," McCaul tweeted on Wednesday. "He has been subjected to inhumane conditions and denied access to basic necessities." Gambaryan's detention has raised concerns about the safety of cryptocurrency executives operating abroad and the potential for politically motivated prosecutions. Binance, the world's largest cryptocurrency exchange, has distanced itself from the allegations against Gambaryan, stating that they have no evidence of any wrongdoing on his part. The House members' request to President Biden highlights the growing concern over the treatment of Binance's executives and the need for the U.S. government to intervene to protect American citizens working in the cryptocurrency industry.
