Nigerian Authorities Block Binance Exec from Meeting His Legal Team

Tigran Gambaryan, the Chief Financial Crime Compliance Officer at Binance, is encountering severe setbacks in his detention saga in Nigeria.

Since his arrest in late February, Gambaryan has struggled with legal hurdles and worsening health issues, with recent developments adding to his challenges.

As of late July, Gambaryan has been barred from meeting with his legal team. This new complication follows his initial detention for tax evasion and money laundering, with the tax charges now dropped but money laundering allegations still pending. His family argues that denying him legal access breaches Nigerian law and his constitutional rights.

Gambaryan’s health has deteriorated significantly since he collapsed in court in May. Reports indicate he now relies on a wheelchair due to severe back problems and other health issues. Despite multiple court orders, he has not received necessary medical treatment or documentation from the prison.

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Gambaryan’s wife, Yuki, has raised alarms about the risk of permanent damage if his condition remains untreated and is urgently calling for his release to access proper medical care. The case faces further delays as it remains on hold until mid-October due to a court recess. International pressure is mounting, with U.S. lawmakers urging action and Binance negotiating for Gambaryan’s release.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.