Tigran Gambaryan, Binance’s Head of Financial Crime Compliance, has been released from detention in Nigeria after eight months. The world’s largest cryptocurrency exchange confirmed his release, stating that Gambaryan was allowed to leave Kuje prison due to his deteriorating health condition.
A Federal High Court in Abuja dismissed the money laundering charges against him, citing his poor health. During the court session, the Economic and Financial Crimes Commission explained that Gambaryan’s condition had worsened, requiring him to use a wheelchair.
Gambaryan’s wife, Yuki, expressed relief and gratitude to the US government for securing his release. “The past eight months have been a living nightmare,” she said. “We can now focus on healing as a family.”
Gambaryan and his colleague, Nadeem Anjarwalla, were detained in February and charged with money laundering involving $35 million. Anjarwalla escaped custody on March 22, while Gambaryan was arraigned in court on April 8.
Gambaryan’s release comes after a lengthy detention that raised concerns about his health and well-being. His family and supporters had advocated for his freedom, and the US government had intervened on his behalf.
With Gambaryan’s release, he will now be able to receive the medical attention he requires. His family is looking forward to reuniting with him and focusing on his recovery.