In a recent court hearing in Abuja, Nigeria, on 17 May 2024, Binance, one of the world’s largest cryptocurrency exchanges, expressed deep disappointment over the continued detention of Tigran Gambaryan.
A spokesperson for Binance issued a statement regarding Gambaryan’s detainment, emphasizing his lack of decision-making power within the company and his longstanding commitment to public service and fighting crime.
Charges Deemed Meritless
Tigran Gambaryan, despite his association with Binance, holds no decision-making authority within the organization.
The charges brought against him, as per the Binance spokesperson, are deemed entirely meritless.
Gambaryan’s dedication to public service and his efforts in combatting crime throughout his life underscore the company’s stance on his innocence.
Call for Freedom During Ongoing Discussions
Binance has called for Gambaryan’s immediate release, advocating that he should be freed while discussions persist between the cryptocurrency exchange and Nigerian government officials.
The detention of Gambaryan, given his purported lack of involvement in any illicit activities, has raised concerns within the company regarding the legal proceedings unfolding in Nigeria.
Support for Gambaryan’s Freedom
The spokesperson reiterated Binance’s unwavering support for Gambaryan’s freedom and emphasized the importance of ensuring that justice prevails in the legal process.
The company stands firmly behind Gambaryan and is committed to assisting him throughout these challenging times.
Ongoing Dialogue with Nigerian Authorities
Binance reaffirmed its commitment to engaging in constructive dialogue with Nigerian government officials to address any concerns or misunderstandings that may have led to Gambaryan’s detainment.
The cryptocurrency exchange remains hopeful for a swift resolution to the matter, one that upholds Gambaryan’s innocence and safeguards his rights.
Concerns Over Legal Implications
The detention of Gambaryan has also raised concerns within the cryptocurrency community about the potential legal implications for individuals associated with cryptocurrency exchanges operating in Nigeria.
Binance emphasized the importance of adhering to all legal requirements and regulations governing its operations in Nigeria and reiterated its commitment to compliance and transparency.
Binance Statement To TDPel Media
“We are deeply disappointed that Tigran Gambaryan, who has no decision-making power in the company, continues to be detained. Tigran has been dedicated to public service and fighting crime for most of his life. These charges against him are completely meritless. He should be freed while discussions continue between Binance and Nigerian government officials.”
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TDPel Media
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