US Lawmakers Pressure Biden To Secure Binance Exec’s Return From Nigeria

Coingapestaff
June 5, 2024
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Highlights

  • Binance executive Tigran Gambaryan has been detained in Nigeria for over three months.
  • US policymakers have raised concerns on the issue by penning a letter to President Joe Biden.
  • These lawmakers urged Biden to ensure that Gambaryan returns safely from Nigeria.

U.S. lawmakers are urging President Joe Biden and top officials to take immediate action to secure the release of Tigran Gambaryan, a Binance executive and former federal agent. Furthermore, they believe that Gambaryan has been unlawfully detained in Nigeria for over three months.

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Policymakers Pen Letter Urging Binance Executive’s Return

In a letter dated June 4, 2024, these policymakers addressed President Biden, Secretary of State Antony Blinken, and Special Presidential Envoy for Hostage Affairs Roger D. Carstens. Several House members, including Chairman Rep. Michael McCaul of the House Foreign GOP, expressed grave concerns about the Binance executive’s health and treatment in Nigerian custody.

Gambaryan, a U.S. citizen and distinguished former IRS agent, has been detained since February 26. At the time, he traveled to Nigeria for high-level meetings on Binance’s compliance issues.

Initially professional, the meetings turned hostile, leading to Gambaryan’s detention by Nigerian authorities. “The Government of Nigeria took Mr. Gambaryan hostage,” the lawmakers wrote. Moreover, they detailed how Binance’s Gambaryan was forcibly taken to a government-owned house and held without communication for five days.

In addition, despite a court order on March 12 stating that the remand order had not been extended, Gambaryan’s detention continued unlawfully until new charges were filed. The action was taken allegedly in lieu of pursuing legal action against Binance. Hence, the letter emphasizes that Gambaryan “is being tried in lieu of pursuing legal action against his employer.”

Additionally, the conditions of Gambaryan’s detention have been severe. He is held in Kuje Prison, notorious for its harsh conditions, and has faced obstacles in meeting with his legal team without government supervision. More alarmingly, his health has deteriorated significantly.

Also Read: 3 Trending Altcoins Set To Rally As Binance Listing These Pairs Next

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Gambaryan’s Health Deteriorates

“He tested positive for malaria, and when he requested hospital treatment, the prison officials declined his request,” the letter states. Earlier, Binance’s Gambaryan collapsed in court on May 23, prompting a judge to order his transfer to a private hospital. However, adequate healthcare has not been provided as of June 4.

The lawmakers assert that Gambaryan’s detention meets the criteria for being “wrongfully detained by a foreign government,” as defined in the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act. They urgently request that his case be transferred to the Office of the Special Presidential Envoy for Hostage Affairs. In addition, they emphasized the need for swift action to ensure the Binance exec’s safety.

“Mr. Gambaryan’s health and well-being are in danger, and we fear for his life. Immediate action is essential to ensure his safety and preserve his life,” the letter urges. However, despite the efforts by the US, Nigeria has refused to comply, which could worsen the situation.

Also Read: Binance Not Liable for User’s $1M Loss, Co-Founder Claims

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
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.
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.