Binance Executive Tigran Gambaryan Faces Key Court Decision On October 9
A Nigerian court will rule on October 9 regarding Tigran Gambaryan's bail application. Gambaryan, a senior executive at Binance, has been detained for over six months, facing charges of currency manipulation and money laundering. His lawyer claims he requires urgent medical attention that the prison cannot provide, while prosecutors assert he has received adequate care. Gambaryan was arrested in February during a compliance visit to Nigeria. Binance alleges Nigerian authorities demanded a $150 million cryptocurrency payment to resolve regulatory issues, which the government denies. A recent video shows Gambaryan in poor health, struggling with spinal problems and expressing frustration over his treatment. Binance's CEO condemned the situation as inhumane, and US lawmakers have called for intervention to secure Gambaryan's release.
