Index Investing News
Sunday, May 24, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Binance CEO Presses For Political Intervention To Free Exec Jailed In Nigeria

by Index Investing News
August 28, 2024
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Crypto trade Binance is urgently interesting to the US authorities and world organizations to exert political strain on Nigeria to safe the discharge of one in every of its high executives, Tigran Gambaryan, who has been “unjustly detained” for the previous six months.

Binance Denounces Unjust Detention 

In line with a Tuesday assertion from Binance CEO Richard Teng, Gambaryan, a US citizen, is experiencing extreme bodily and psychological deterioration as a result of Nigerian authorities’s refusal to offer him with ample medical care or entry to authorized counsel. 

Regardless of a court docket order demanding the discharge of Gambaryan’s medical data, the authorities have reportedly did not adjust to the requests. Teng stated:

Tigran’s bodily and psychological situations have deteriorated quickly, and his state of affairs is now extra dire than ever. He’s in extreme ache and unable to stroll because of a herniated disc. Regardless of his situation, the Nigerian authorities has denied him ample medical care, together with fundamental wants comparable to entry to a wheelchair.

The Binance government’s detention has been marred by what the corporate describes as “baseless allegations” linking the cryptocurrency trade to Nigeria’s financial woes, together with the steep decline of the Naira foreign money. 

Teng refuted these claims, stating that Binance’s operations in Nigeria have been comparatively small and that the Naira’s plunge is attributable to broader macroeconomic components past the corporate’s management:

There isn’t a have to imprison an harmless worker to reply for any allegations in opposition to Binance. We now have settled points in nations world wide, together with the U.S., Thailand, and most just lately in Brazil and India, in an inexpensive, collaborative, and amicable method with governments. All these have been achieved with out risk or hurt inflicted on our staff.

Stress Mounts On Nigeria To Free Gambaryan

Binance is now calling on the US authorities to designate Gambaryan as one in every of its “unlawfully detained” residents abroad. This standing may mobilize vital political strain on Nigeria to launch him on humanitarian grounds. 

The corporate can also be urging residents and organizations globally to advocate for Gambaryan’s freedom and to sentence Nigeria’s “unjust detention practices.”

Nevertheless, Teng has expressed its willingness to work with the Nigerian authorities sooner or later to help the event of the nation’s Web3 trade and entice overseas funding. Nonetheless, solely as soon as the Gambaryan case has been resolved. The CEO concluded by stating:

Key stakeholders within the authorities of Nigeria determined to unfairly and unlawfully detain Tigran, and so they can simply as simply make the honest choice to permit Tigran, a former U.S. federal agent, to go dwelling. We attraction on humanitarian grounds to all decision-makers in Nigeria to permit Tigran protected passage dwelling to his spouse and two younger youngsters.

The 1D chart exhibits that BNB’s worth is trending downward. Supply: BNBUSDT on TradingView.com

On the time of writing, the trade’s native token, BNB, is buying and selling at $552, registering a worth correction of practically 2% within the final 24 hours.

Featured picture from DALL-E, chart from TradingView.com



Source link

Tags: BinanceCEOExecFreeinterventionjailedNigeriaPoliticalPresses
ShareTweetShareShare
Previous Post

Russia v. Ukraine – in an African Desert 

Next Post

Market held in thrall forward of Nvidia numbers

Related Posts

Binance Denies WSJ Report Alleging 0M in Iran-Linked Crypto Transactions

Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions

by Index Investing News
May 23, 2026
0

Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million...

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

by Index Investing News
May 15, 2026
0

For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...

Bitcoin ETF Issuers Are Predicting ,000,000 Per Coin As Inflows Accelerate

Bitcoin ETF Issuers Are Predicting $1,000,000 Per Coin As Inflows Accelerate

by Index Investing News
May 11, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure VanEck’s Matthew Sigel has become the latest...

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

Retail Traders Get Crypto Access as Morgan Stanley Follows SoFi in Trading Push

by Index Investing News
May 7, 2026
0

FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May 2026 FM Daily Brief - 6 May...

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

Why Cross-Chain DEX Trading Is Becoming the New Default in Crypto

by Index Investing News
May 3, 2026
0

Image source: GeminiThe manner in which individuals conduct crypto trading has changed. Not slightly but structurally. A decentralized exchange platform which...

Next Post
Market held in thrall forward of Nvidia numbers

Market held in thrall forward of Nvidia numbers

What’s greedflation anyway?

What's greedflation anyway?

RECOMMENDED

Fujifilm launches X-T50 mirrorless digital camera

Fujifilm launches X-T50 mirrorless digital camera

August 30, 2024
Bit Digital Issues August 2023 Production Update By Investing.com

Bit Digital Issues August 2023 Production Update By Investing.com

September 5, 2023
Let’s scrap the stigma of psychological sickness –
Las Vegas Solar Information

Let’s scrap the stigma of psychological sickness – Las Vegas Solar Information

December 2, 2024
Currency Mistakes of the Past are Contributing to an Ailing American Economy

Currency Mistakes of the Past are Contributing to an Ailing American Economy

January 23, 2024
Apple’s next generation of AirPods Pro announced; gets touch control, new charging case

Apple’s next generation of AirPods Pro announced; gets touch control, new charging case

September 8, 2022
IPL 2022 CSK vs DC Reside Updates: Delhi lose two, however sustain with the chase

IPL 2022 CSK vs DC Reside Updates: Delhi lose two, however sustain with the chase

May 8, 2022
9 States With No Income Tax

9 States With No Income Tax

June 2, 2023
Woke Dems have lied about transgender suicide — but there is hope

Woke Dems have lied about transgender suicide — but there is hope

April 11, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In