After enduring nearly eight months in detention, Tigran Gambaryan, Binance's
In a telephone conversation, US President Joe Biden thanked Nigeria's President Bola Tinubu for his role in securing Gambaryan's release on humanitarian grounds.
Gambaryan and his associate, Nadeem Anjarwalla, were apprehended upon their arrival in Abuja on February 26. Their trip aimed to address concerns about Binance's operations and purported irregular transaction activities linked to the cryptocurrency platform. The Nigerian government detained them for suspected financial misconduct.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
How to Pick the Right NFTs? (Animated DOs & DON'Ts)
Anjarwalla reportedly escaped custody in March, fleeing to Kenya, while Gambaryan remained to face accusations of tax evasion and money laundering.
His extended detention without resolution raised questions about legal due process and his rights as a detainee. During his confinement at Kuje Prison, his health deteriorated, suffering from issues such as pneumonia, malaria, and back pain. In September, a video emerged online showing Gambaryan struggling to walk during a court appearance.
Despite this, authorities consistently postponed hearings and denied bail, expressing concerns over potential flight risks.
By June, charges of tax evasion against both Gambaryan and Anjarwalla were dismissed due to insufficient evidence. The money laundering allegations were subsequently dropped in October. On October 23, Gambaryan was finally allowed to depart Nigeria, reuniting with his loved ones and colleagues.