United

Biden

Envoy

Joe Biden

Read

Some politicians in the United States have come together, urging President Joe Biden to initiate efforts to bring back detained Binance executive Tigran Gambaryan.
The <a href="https://x.com/EleanorTerrett/status/1798115865390428422" target="_blank" rel="noopener noreferrer nofollow">June 4 letter</a> was mostly signed by congress members, including Rep. Michael McCaul, Chairman of the House of Foreign Affairs. It has been addressed to the President, along with Secretary Antony Blinken, and the Presidential Envoy for Hostage Affairs, Roger D. Carstens.
In the letter, the 12 U.S. politicians raised concerns about Gambaryan being “wrongfully detained” by the Nigerian government.&nbsp;
“We fear for his life. Immediate action is essential to ensure his safety and preservice his life. We must act swiftly before it is too late,” the lawmakers wrote.
Gambaryan serves as Binance’s head of financial crime compliance. He was visiting Nigeria to address Binance’s compliance issues there.&nbsp;
He has since been <a href="https://crypto.news/kenyan-authorities-reportedly-extradite-binance-executive-to-nigeria/" rel="noopener noreferrer nofollow">detained for over three months</a> on charges of money laundering and tax evasion.&nbsp;
Currently being held in Nigeria’s “notorious” Kuje Prison, “designed to hold ISIS combatants,” the politicians are urging the Special Presidential Envoy for Hostage Affairs to handle Gambaryan’s case.
The lawmakers believe that Nigerian authorities have charged the Binance exec with <a href="https://crypto.news/binance-ceo-says-nigeria-unlawfully-detained-tigran-gambaryan/" rel="noopener noreferrer nofollow">several “baseless” crimes</a>. They also view this move as an effort to extort Binance.
Gambaryan was detained after two meetings with Nigerian authorities. Allegedly, the meetings started as professional but had turned hostile.
The letter further noted that during his detention, Gambaryan also tested positive for malaria, and a court order to get him proper medical care was not followed.
You might also like: <a href="https://crypto.news/binance-we-dont-see-a-clear-roadmap-for-getting-our-executive-back-from-nigeria/" rel="noopener noreferrer nofollow"> Binance doesn’t see a clear roadmap for getting exec out of Nigeria </a>
Further, he was <a href="https://crypto.news/binance-executive-denied-bail-in-nigerian-money-laundering-case/" rel="noopener noreferrer nofollow">denied bail</a> on May 17 and also did not appear before the court during the subsequent meeting four days later. At the time, the court had claimed it was unaware of&nbsp;
Gambaryan’s whereabouts or medical condition.
He appeared the next day, but his health had deteriorated noticeably, the politicians highlighted, adding that he “collapsed to the floor,” when asked to “step forward by the judge.”
Gambarayan has also been denied meetings with his legal counsel without the presence of armed guards or other Nigerian authorities, the letter added.
Binance has been working to get Gambarayan out of Nigeria over the past months, but to no avail. On Monday, Binance’s Chief Compliance Officer said in an interview that the company <a href="https://crypto.news/binance-we-dont-see-a-clear-roadmap-for-getting-our-executive-back-from-nigeria/" rel="noopener noreferrer nofollow">doesn’t have any hopes</a> of bringing their head of financial crime in the short term. He claimed that this would only be possible with the U.S. government’s intervention.
“I have faith in the us government to do the right thing here.”
Read more: <a href="https://crypto.news/has-biden-really-changed-his-stance-on-crypto/" rel="noopener noreferrer nofollow"> Has Biden really changed his stance on crypto? </a>

Biden urged to intervene as Binance exec faces dire conditions in Nigerian jail

crypto.news

Other articles published on Jun 5, 2024

Tether Invests $18.75M In XREX To Encourage Cross-Border Payments

Can Uniswap Price Gain 50% Amid the Upcoming Announcement?

Trump Expands Crypto Holdings with Meme Coin

JAMSY on Elon Musk’s Radar, Could Tesla and Apple Partnership Usher in Tesla and JasmyCoin Collab...

Significant Inflows Mark Second-Best Day for Bitcoin ETFs

VanEck Predicts Ethereum Price Surge

Join our free newsletter for daily crypto updates!