Two senior executives from cryptocurrency exchange Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been detained against their will by Nigerian authorities, according to a recent report by Wired.
Families Of Detained Binance Executives Seek Answers
As previously reported by Bitcoinist, the arrest appears to be related to Nigeria’s broader move to ban cryptocurrency exchanges due to the drastic devaluation of the country’s national currency, the naira.
The Nigerian government has accused cryptocurrency exchanges like Binance of devaluing its currency and facilitating “illicit flows” of funds. Gambaryan and Anjarwalla arrived in Abuja on February 25 to address the government’s concerns.
While Gambaryan is a US citizen and Anjarwalla holds dual British and Kenyan citizenship, their families have expressed deep concern over the lack of information about their situation. Gambaryan’s wife, Yuki Gambaryan, told Wire:
There’s no definite answer for anything
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