Trial Adjourns Amid Concerns Over Detained Executive’s Health
Nigeria’s money laundering trial involving Binance and two executives has been adjourned until July 5, following the cross-examination of the first witness from the country’s Securities and Exchange Commission. The trial has brought attention to the deteriorating health of Tigran Gambaryan, head of financial crime compliance at the crypto exchange, who has been detained since February in Kuje prison.
Health Concerns and Legal Proceedings
Despite court orders, medical records from Gambaryan’s recent hospital visit have not been released to his lawyers, prompting concerns about his health. According to his family spokesperson, Gambaryan has suffered from double pneumonia and malaria while in prison, with ongoing complaints of numbness in his foot and back pain.
Family’s Plea and International Attention
“Tigran has never been a decision-maker at Binance,” asserted Yuki Gambaryan, Tigran’s wife, emphasizing his innocence and calling for his release. U.S. congressional members have visited Gambaryan, urging further action from U.S. authorities.
Legal Developments
Meanwhile, Binance faces a separate tax evasion case, with proceedings adjourned until July 12 after charges against Gambaryan and another executive were dropped. Binance has declined to comment on the ongoing legal matters.
Seeking Official Statements
CoinDesk has reached out to Nigeria’s SEC, Economic and Financial Crimes Commission for comments on the ongoing trial and health concerns surrounding Gambaryan.
FAQ
Why is Tigran Gambaryan detained in Nigeria?
Tigran Gambaryan, Binance’s head of financial crime compliance, has been detained since February in Nigeria amid money laundering charges against Binance and its executives.
What are the health concerns related to Gambaryan?
Gambaryan’s health has reportedly deteriorated in detention, with issues including double pneumonia, malaria, numbness in his foot, and back pain.
What legal actions are ongoing against Binance?
Binance is involved in a money laundering trial in Nigeria, with proceedings adjourned until July 5. Additionally, it faces a separate tax evasion case, with hearings adjourned until July 12.
What international attention has the case garnered?
U.S. congressional members have visited Gambaryan and called for further action, emphasizing concerns over his detention and health in Nigeria.
Has Binance responded to these developments?
Binance has chosen not to comment on the ongoing legal proceedings and health concerns surrounding its executives in Nigeria.
