Binance Exec Detained in Nigeria: Health Worsens, U.S. Lawmakers Urge Immediate Release

August 13, 2024
Binance Exec Detained in Nigeria: Health Worsens, U.S. Lawmakers Urge Immediate Release
  • His wife, Yuki, has expressed urgent concerns about his deteriorating health, stating he requires two surgeries for a herniated disc and tonsillitis.

  • Reports indicate that Gambaryan's health has significantly worsened; he was brought to court in a wheelchair and is now mostly bedridden.

  • Despite a court order, the prison is withholding Gambaryan's medical records, further complicating his situation.

  • Tigran Gambaryan, a Binance executive and former IRS agent, has been detained in Nigeria since February 26, 2024, after voluntarily traveling there.

  • Since his detention, Gambaryan's American passport has been confiscated, and he has been denied adequate access to his legal team, raising concerns from his family.

  • Prison medical officials have placed him on blood thinners to prevent clotting issues, complicating his planned surgical procedures.

  • Yuki Gambaryan has appealed to the Nigerian government for either her husband's release or access to urgent medical care to prevent permanent damage to his mobility.

  • U.S. lawmakers have expressed concern over Gambaryan's health care in prison and have urged for his release, with some framing the situation as a hostage crisis.

  • Gambaryan has been held in Kuje prison since July 26, 2024, where his legal team has been barred from visiting him.

  • A final verdict on the case against Gambaryan is scheduled for October 11, 2024, following a delay due to the court's summer recess.

  • The legal troubles for Binance in Nigeria began two years ago when the Nigerian Securities and Exchange Commission issued regulations for crypto exchanges.

Summary based on 4 sources


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