Connect with us

Hi, what are you looking for?

Nigerian detention Binance executive
Nigerian detention Binance executive

Business

Fears Mount Over Binance Executive’s Health Amid Prolonged Detention in Nigeria

The health of Binance executive Tigran Gambaryan has severely declined during his six-month detention in Nigeria, with his family alleging medical negligence and restricted legal access. Accused of financial crimes, Gambaryan is now immobile, suffering from untreated health issues and without access to necessary medical care, prompting urgent pleas for his release.

The health of Binance executive Tigran Gambaryan, who has been in detention in Nigeria for six months due to financial crime charges, is deteriorating. Gambaryan’s family has expressed alarm over his worsening condition, claiming that medical negligence is to blame for his inability to walk and the development of other severe health issues.

During his detention, authorities reportedly denied Gambaryan adequate medical care, accusing him of involvement in money laundering, currency speculation, and tax evasion while working for Binance. His family reports that a herniated disc has rendered him immobile, necessitating the use of blood thinners to prevent blood clots. Gambaryan’s condition further complicates his situation as he lacks a wheelchair.

The family also alleges that Nigerian authorities have restricted access to Gambaryan’s legal team, preventing visits for nearly three weeks. This restriction, they argue, violates Nigerian constitutional rights and hinders proper legal preparation for his defense. They allowed a brief visit, but shortly thereafter, they denied access again.

Untreated illnesses, such as severe tonsillitis from prolonged malaria and pneumonia, have exacerbated Gambaryan’s condition. His family has urged the Nigerian government to release him, emphasizing the potential irreversible damage to his health if he remains in detention.

The family’s plea comes as Nigeria’s Securities and Exchange Commission plans to issue licenses to cryptocurrency exchanges, signaling the country’s growing role in the global crypto economy. However, the legal battles involving Binance and its executives continue, casting a shadow over these developments.

Advertisement

You May Also Like

Cryptocurrency

Under English law, the UK High Court's decision that Tether (USDT) is property is a big deal. This choice was made after new laws...

Business

Congressman John Rose has proposed a bill to make the SEC and CFTC work together better by creating a joint advisory group on digital...

Business

Circle has improved its Web3 platform by adding USDC and Arbitrum, which is a top Ethereum Layer-2 option. The goal of this move is...

Business

A new study from Consumers' Research raises worries about how open Tether is about the US dollars that back the USDT stablecoin. The report...

polkadot
Polkadot (DOT) $ 4.27 6.79%
bitcoin
Bitcoin (BTC) $ 62,997.88 5.81%
ethereum
Ethereum (ETH) $ 2,435.06 5.88%
cardano
Cardano (ADA) $ 0.352619 7.07%
xrp
XRP (XRP) $ 0.586128 3.46%
stellar
Stellar (XLM) $ 0.095874 2.83%
litecoin
Litecoin (LTC) $ 65.26 3.92%