Binance Employee Tigran Gambaryan Released After Months-Long Detention in Nigeria

According to CoinDesk: Tigran Gambaryan, a Binance employee, has been released from Kuje prison in Nigeria after spending eight months in detention. His release came after local prosecutors dropped charges against him, citing international and diplomatic reasons. Gambaryan had been detained since February by the Nigerian Economic and Financial Crimes Commission (EFCC), but his application for bail was denied. However, his release for medical attention abroad was approved on Wednesday, allowing him to leave the prison.The charges against Gambaryan were officially dropped in an Abuja court, with the EFCC prosecutor stating that the case had more to do with Binance Holdings Limited, Gambaryan's employer, than with him personally. Following his release, Binance CEO Richard Teng expressed relief and gratitude on the X platform, applauding Gambaryan's resilience during his detention. He also thanked those who worked tirelessly for his release.Binance reaffirmed its commitment to working with global regulators to ensure compliance and transparency in the cryptocurrency landscape. The company emphasized its focus on Tigran's health and well-being and expressed its eagerness to support Nigeria's potential in leveraging blockchain technology for economic and social advancement.