News

Politicians Call on Biden to Facilitate the Return of Binance Executive from Nigeria

single-image

Politicians in the United States have charged Gambaryan, a former federal agent and Binance compliance officer, with “baseless” crimes, according to the Nigerian government.

Stay in the know on crypto by frequently visiting Crypto News Today

President Joe Biden and the hostage affairs unit have reportedly been urged by a number of US lawmakers to attempt the repatriation of Binance employee Tigran Gambaryan, who has been detained in Nigeria for more than three months on allegations of tax evasion and money laundering.

CryptoCaster Quick Check:

In a letter dated June 4 to President Biden, Secretary Antony Blinken, and Presidential Envoy for Hostage Affairs Roger D. Carstens, 12 U.S. politicians emphasized that Gambaryan is “wrongfully detained” by the Nigerian government and urged immediate action to prevent the situation from deteriorating further.

“We fear for his life. Immediate action is essential to ensure his safety and preservice his life. We must act swiftly before it is too late.”

The letter, shared on X by Fox Business reporter Eleanor Terrett, stated that the Special Presidential Envoy for Hostage Affairs is the designated person by U.S. politicians to handle Gambaryan’s case.

Advertisement

The letter, which was mostly signed by Congressmen, stated that Gambaryan had been accused of a number of “baseless” offenses, such as tax evasion and money laundering, and that they believed this was all part of a plot by Nigerian authorities to use coercion to extract money from Binance.

The Nigerian government invited Gambaryan, who oversees the cryptocurrency exchange’s financial crime compliance, to visit the country on February 26 in order to discuss Binance’s compliance concerns.

However, Gambaryan was detained by Nigerian authorities following two meetings that were described as professional at first but turned increasingly hostile.

Currently residing in Nigeria’s “notorious” Kuje Prison—a notorious prison with harsh conditions—is the Binance executive. According to the US lawmakers, he has been fighting “for his life inside a prison cell designed to hold ISIS combatants.”

Advertisement

The American lawmakers claimed that Gambaryan has since tested positive for malaria and that a court order to transfer him to a private hospital for private treatment has not been complied with.

On May 18, Gambaryan was not granted bail. On May 22, four days later, Gambaryan did not show up for a scheduled court appearance. His whereabouts and condition were unknown to the court, prosecutors, and defense team.

Politicians in the US claimed that Gambaryan was present when the court met again the following day. But his physical condition had clearly deteriorated, they claimed.

“When Mr. Gambaryan was asked to step forward by the judge, he could not stand on his own and ultimately collapsed to the floor.”

The American lawmakers added that Gambaryan hasn’t been permitted to meet with his legal team without the presence of armed guards and Nigerian authorities.

Gambaryan spent ten years as an Internal Revenue Service agent before joining Binance.CRYPTOCASTER® - DECENTRALIZED FREEDOM!


We hope you appreciated this article. Before you move on, I was hoping you would consider taking the step of supporting CryptoCaster’s journalism. 

From  Elon Musk, Larry Fink(BlackRock) to Jamie Dimon(JP Morgan Chase) a number of billionaire owners have a powerful hold on so much of the hidden agendas’ which eludes the public concerning the paradigm shift juxtaposed by cryptocurrency and web3 emerging technologies. CryptoCaster is different. We have no billionaire owner or shareholders to consider. Our journalistic efforts are produced to serve the public interest in crypto development and institutional disruptions – not profit motives.

And we avoid the trap that befalls much U.S. and global media – the tendency, born of a desire to please all sides, to engage in false equivalence in the name of neutrality and retail consumer protection. While fairness and transparency dictates everything we do, we know there is a right and a wrong position in the fight against fiat global banking interest and monetary reconstruction precipitated by the emerging crypto ecology.

When we report on issues like the FTX, Binance and Ripple crisis, we’re not afraid to name who or what is uncovered. And as a crypto sentinel, we’re able to provide a fresh, outsider perspective on the global monetary disruption – one so often missing from the insular American and European media bubble. 

Around the world, readers can access the CryptoCaster’s paywall-free journalism because of our unique reader-supported model. That’s because of people like you. Our readers keep us independent, beholden to no outside influence and accessible to everyone – whether they can afford to pay for news and information, or not.

We thankyou for the on-going support our readers have bestowed monetarily. If you have not considered supporting CryptoCaster, if you can, please consider supporting us just once from $1 or more of Bitcoin (satoshi) or Eth, and better yet, support us every month with a little more. Scroll further down this page to obtain CryptoCaster’s wallet addresses.

Thank you.

Kristin Steinbeck
Editor, CryptoCaster


Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.


Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
MATIC – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
LITECOIN – ltc1qxsgp5fykl0007hnwgl93zr9vngwd2jxwlddvqt


CRYPTOCASTER HEATMAP


You may also like