Two Binance Executives Detained for 2 Weeks in Nigeria: Report
According to multiple media reports, two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, have been holding their own in Nigeria for the past two weeks amid accusations that the exchange made illegal trading profits locally. was detained against.
Gambaryan, a U.S. citizen, and Anjarwalla, a dual British and Kenyan citizen, arrived in Abuja, Nigeria’s capital, on February 25, and were taken to the government building the next day, met there, and detained there. Nigerian officials, Wired reported, quotes their family. Nigerian authorities confiscated their passports, but authorities did not inform the two of the charges, Wired reported.
Two Binance representatives invited The announcement was made by Nigerian authorities to discuss the country’s accusations that Binance profited from “illegal transactions” at Nigeria’s expense. According to previous reports, Nigerian authorities request Received at least $10 billion from Binance for alleged illegal activities.
“While it would be inappropriate to comment on the substance of the claims at this time, we can say that we are working with Nigerian authorities to bring Nadeem and Tigran safely home to their families,” a Binance spokesperson told The Block. “They are professionals of the highest integrity and we will give them all the support we can. We believe this issue will be resolved quickly.”
Binance Faced Regulatory Investigations in the United StatesAccording to multiple news reports, he is already under investigation by Nigerian authorities. Nigeria’s Central Bank Governor, Olayemi Cardoso, said Binance Nigeria potentially processed $26 billion in illicit flows from unidentifiable sources last year. According to Local news outlet NairaMetrics.
Amid numerous reports of conflict with Nigerian regulators, Binance cut support Delisting of all Naira trading pairs against the Nigerian Naira on the platform.
According to report, Gambaryan was previously a Special Agent at the Internal Revenue Service and currently leads the Financial Crimes Compliance team at Binance. Anjarwalla serves as Regional Director for Binance Africa.
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