Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days.
Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement.
Arrest of Executives Sets Dangerous Precedent
In the latest blog post, the Binance CEO said Gambaryan didn’t travel to Nigeria to make decisions or negotiate. He was there solely as an expert in financial crime, contributing to policy discussions and capacity building. Teng said the arrests were made despite Nigerian authorities’ assurances that they would be granted safe passage for their meetings.
Apart from Gambaryan, the exchange’s African regional manager, Nadeem Anjarwalla, was also arrested in February after arriving for
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