Binance Executive has been released

in blurtnews •  2 months ago 

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Tigran Gambaryan, a senior at cryptocurrency business Binance, was granted freedom on Wednesday, October 23, in Nigeria. He has been in detention since February, accused of money laundering with the American company, totaling $35 million.

A Nigerian court determined that Binance manager Tigran Gambaryan ought to be freed after the government dropped money laundering accusations against him, allowing him to seek medical care abroad.

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Gambaryan was apparently released owing to a decrease in his health, but the Financial Times reports that it was pressure from diplomats from Washington that prompted the Nigerian government to give up the accusations.

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