Recently, the CEO of Binance, one of the most prominent digital currency exchanges in the world, spoke out about the accusations that Nigerian officials are still making against the platform. Binance says it has not been given specifics about these claims, even though it has asked several times.
The CEO stressed how important it was to be open and work together to solve the problem. In order for things to move forward, he said, Tigran, who was very important to the case, “must be allowed to go home.” This sentence emphasizes how important fair treatment and due process are in dealing with the accusations.
Binance representatives arrested Nigeria
Binance’s problems got worse earlier this year when American Tigran Gambaryan and British-Kenyan Nadeem Anjarwalla were arrested in Nigeria. Gambaryan worked for the exchange and was an agent. People from Binance were arrested after being told to show up in Abuja, which is the main city of Nigeria.
Soon thereafter news of Tigran and Nadeem’s detention broke in global media. Nearly a month later, on March 23, we learned that Nadeem left unlawful detention. From that point on, things went from bad to worse for Tigran. Richard Teng
After they were caught, Binance shut down all of its naira and peer-to-peer services in Nigeria. Anjarwalla is said to have left the country in March using a hidden Kenyan passport, which adds to the mystery of what is happening.
We, of course, declined the payment demand via our counsel, not viewing it to be a legitimate settlement offer […]. Richard Teng
From what we now know, Nigerian authorities were able to use Interpol to find and arrest Anjarwalla in Kenya. For now, Gambaryan is still being held while he waits for his hearing on May 17.
This shows how complicated and difficult worldwide it can be for officials to do their jobs when it comes to cryptocurrencies. As the court case goes on, everyone is looking ahead to what will happen next in this very public case.
