Binance executive Gambaryan departs Nigeria

Binance’s Head of Financial Crime Compliance, Tigran Gambaryan, has departed Nigeria after eight months of detention

The world’s biggest cryptocurrency exchange made the disclosure in a statement.

“Today, American citizen Tigran Gambaryan left Nigeria to return home to his family after eight months of unlawful detention.

“Gambaryan was allowed to leave Kuje prison last night. His health has suffered significantly while in prison. He will now be able to finally receive the medical attention he desperately requires,” the exchange said.

The development followed a ruling by the Federal High Court in Abuja, on Wednesday, which dismissed the money laundering charges brought against Gambaryan by the Economic and Financial Crimes Commission.

During the court session, the EFCC explained that the case could not proceed at the last adjourned date due to Gambaryan’s declining health.

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