News

Binance Exec’s Wife Criticizes US Delayed Response In Nigeria Trial

Tigran Gambaryan’s Wife Criticizes US Government as Binance Executive Remains Detained in Nigeria on Disputed Charges
Published by
Binance Exec’s Wife Criticizes US Delayed Response In Nigeria Trial

Highlights

  • Tigran Gambaryan, Binance’s head of financial crime compliance, was detained in Nigeria during a business trip, facing allegations of money laundering and tax evasion.
  • Despite a judge's order, Tigran has been denied medical care and remains in a medium-security prison with severe conditions.
  • His prolonged detention has caused him to miss significant family milestones and has sparked frustration over the lack of action from the US government.

The ordeal began in February when Tigran Gambaryan, a Binance executive, and his colleague Nadeem Anjarwalla, the regional manager for Kenya, traveled to Abuja to meet with Nigerian officials. The backdrop of their visit was a significant financial crisis in Nigeria, marked by the collapse of the naira, the national currency, at the beginning of the year.

The Nigerian government, searching for reasons behind the currency’s collapse, pointed fingers at Binance. They accused the crypto exchange of operating without a license in Nigeria and facilitating the manipulation of the naira and enabling illicit financial transactions. Binance has consistently denied these allegations, maintaining that their operations are lawful and above board.

Advertisement

Tigran Gambaryan’s Arrest and Initial Detention

On the eve of their flight to Abuja, Tigran Gambaryan faced a seemingly trivial decision: whether to bring a small carry-on or a large suitcase. His wife, Yuki Gambaryan, recounted in an interview with DL News that Tigran opted for the smaller bag, anticipating a brief two-day trip. However, this trip turned into a nightmare lasting over three months. Shortly after arriving in Nigeria, officials seized Tigran’s passport and placed him under guard in a “guest house.”

By the fourth day, they had obtained court permission to detain him for two weeks. Approximately four weeks into his detention, Tigran’s situation worsened when officials confiscated his phone and charged him with facilitating money laundering and tax evasion. Yuki expressed her frustration with the lack of action from the US government to aid her husband, who languished in detention under what she and their lawyer describe as bogus charges.

Also Read: Shiba Inu Price Cracks 5% But Whales Scoop Huge SHIB Supply

Advertisement

Extended Imprisonment and Legal Battles

After six weeks of confinement in Nigeria, Tigran was transferred to a medium-security prison, which also housed Boko Haram and Islamic State terrorists. The harsh conditions and lack of medical care took a toll on Tigran, who fainted on the first day of his trial in May, potentially due to malaria. His lawyer has called the arrest a “state-sanctioned hostage taking,” highlighting the severity and injustice of his prolonged detention.

Despite a judge’s order for Tigran to be transferred to a hospital, he has been denied medical care, with his trial postponed until June 20. During this time, Tigran has missed significant family milestones, including his son’s fifth birthday and pre-kindergarten graduation, and he even turned 40 in prison. Yuki, reflecting on the situation, expressed her disbelief and anguish, stating that Tigran’s only misstep was attending a meeting, which has led to his unjust imprisonment.

Also Read: Crypto Market Selloff: Here’s Why Bitcoin, ETH, SOL, XRP, DOGE Prices Slips Today

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Uncategorized

Bitcoin Crash Incoming? Tom Lee Backs Peter Brandt’s 50% Decline Prediction Despite Strong ETF Inflows

BitMine’s Tom Lee and veteran trader Peter Brandt have both warned of a potential 50%…

October 24, 2025
  • News

Breaking: JPMorgan Enables Institutions to Use Bitcoin, Ethereum as Collateral

In a ground-breaking Bitcoin news development today, financial giant JPMorgan on Friday said it plans…

October 24, 2025
  • News

Changpeng Zhao Comeback? PolyMarket Set 62% Odds of Binance Return by December Following Trump Pardon

In fresh developments, there has been growing speculation that Changpeng Zhao (CZ) could return to…

October 24, 2025
  • News

Matrixport Predicts Market Direction as $6B Bitcoin, Ethereum, XRP Options Expire Today

Traders are bracing for another crypto options expiry and US CPI inflation release today, with…

October 24, 2025
  • News

Why is Crypto Market Up Today (Oct 24)

The crypto market is glowing green as bullish sentiment returns. This comes amid positive developments…

October 24, 2025
  • News

Breaking: 21Shares Amends Sui ETF with Staking, Nasdaq Listing, Other Key Details

21Shares updates its Sui ETF application with the U.S. Securities and Exchange Commission (SEC). The…

October 24, 2025