Due to his deteriorating health, two United States legislators have requested the US embassy in Nigeria to press for the release of Tigran Gambaryan, the executive of Binance who is currently imprisoned, on humanitarian grounds.
Gambaryan, the executive director of Binance, who oversees financial crimes compliance for Binance, has been detained since February on suspicion of money laundering.
Last Monday, the tax evasion accusations against him and the other officer, who escaped detention in Nigeria in March, were withdrawn.
During a visit to the West African nation on Thursday, Republican French Hill of the US House of Representatives and Democrat Chrissy Houlahan paid Gambaryan a visit at the Kuje prison in Abuja.
An Abuja court decided last month that Gambaryan, who is representing Binance, may go to trial in the case about tax evasion. Binance CEO Richard Teng had claimed that Nigeria was creating a dangerous precedent when its executives were invited to the nation and later jailed as part of an anti-crypto campaign. The business is fighting the proceedings because it allegedly launders money and avoids taxes.
“We have asked our embassy to advocate for a humanitarian release of Tigran because of the horrible conditions of the prison, his innocence and his health,” Hill said in a video he posted on social media site X, alongside Houlahan.
During the jail visit, according to Houlahan, they discovered that Gambaryan was living in substandard conditions and that “his health is not very good and he was also clearly under a lot of stress.” Gambaryan was previously reported by Binance to have pneumonia and malaria.
The money laundering trial for Gambaryan, who is accused of stealing, was postponed until July 1st. Gambaryan appeared in court on Friday.
Nigeria has laid the blame for its currency problems on Binance. The country’s currency sank to a record low as a result of persistent dollar shortages, and cryptocurrency websites became the preferred means of trading the naira.