On October 11, 2024, a Nigerian court rejected Binance executive Tigran Gambaryan's request for bail due to illness, which triggered strong opposition from Binance.
A Binance spokesperson said in a statement: "We are deeply disappointed with the court's decision to deny Tigran bail, especially considering his deteriorating health. He has been illegally detained for more than 220 days. Tigran did not go to Nigeria as a decision-maker, and there is no reason to continue to detain him. We are committed to working with the Nigerian government to resolve the issue, but Tigran must be allowed to go home."
Binance has always emphasized that Gambaryan does not have substantial decision-making power in the exchange, and his long-term detention has raised humanitarian concerns. As Gambaryan's health deteriorated and his detention was delayed, calls for his release grew louder. Binance, together with several international advocates, continued its fight for freedom. (Cryptonnews)
Previously, the Nigerian court rejected Binance executive Tigran Gambaryan's request for bail due to illness.