Binance CEO Calls For Colleague's Release Amid Standoff With Nigeria

Binance CEO Calls For Colleague's Release Amid Standoff With Nigeria

Benzinga – Binance CEO Richard Teng on Tuesday called for the release of Tigran Gambaryan, head of the Financial Crime Compliance team at the crypto exchange, who has been detained in Nigeria since February.

What Happened: Teng’s demand highlights escalating tensions between the Nigerian government and the cryptocurrency exchange amid Nigeria’s deepening economic crisis.

Teng expressed his concerns in a recent blog post, stating, “As you may be aware, one of our beloved colleagues, Tigran Gambaryan, continues to be held by the government in Nigeria for more than 70 days.”

He criticized the Nigerian authorities for setting a “dangerous new precedent” by detaining a company’s employee who was in the country to discuss regulatory issues.

“To invite a company’s mid-level employees for collaborative policy meetings, only to detain them, has set a dangerous new precedent for all…
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