HomeBinance16 US Legislators Call on Biden to Take Action

16 US Legislators Call on Biden to Take Action

-


US Lawmakers Call for Immediate Action to Bring Back Binance Executive from Nigerian Imprisonment

US Lawmakers Call for Immediate Action to Bring Binance Executive Tigran Gambaryan Back from Nigerian Imprisonment

The ongoing saga between crypto exchange Binance and the Nigerian government has taken a new turn as 16 US congress members have penned a letter to President Biden urging for the safe return of Binance Executive Tigran Gambaryan.

Gambaryan, a former US federal agent, has been detained in Nigeria for the past three months, with concerns rising about his health and well-being. The lawmakers expressed worry about the executive’s condition and emphasized the need for immediate action to bring him back to the US.

Nigerian authorities detained Gambaryan on February 26, along with his colleague Nadeem Anjarwalla, who managed to escape. Since then, Gambaryan has been held in custody without access to his passport, under restricted communication with his legal team and family.

The letter to President Biden highlighted the alleged baseless charges against Gambaryan, stating that they are a coercion tactic by the Nigerian government to extort Binance. The lawmakers also pointed out that the Nigerian authorities have admitted to using Gambaryan as a bargaining chip against the crypto exchange.

Binance’s CEO, Richard Teng, has condemned the Nigerian government’s actions, calling it a dangerous precedent for companies worldwide. Teng emphasized the need to protect mid-level employees from such crackdowns.

The US lawmakers underscored Gambaryan’s impressive background as a federal agent and raised concerns about his deteriorating health in Nigerian custody. They highlighted the irony of his legacy being praised by the US government while he fights for his life in a prison cell.

Gambaryan’s recent health episode during a court hearing on May 23, where he collapsed and required medical assistance, has raised alarms among the congress members. It was revealed that he tested positive for malaria and has been denied adequate medical treatment by prison officers.

The lawmakers have called for Gambaryan’s case to be transferred to the Office of the Special President Envoy for Hostages Affairs and urged the US government to intervene before it’s too late. They fear for the executive’s life and emphasize the need for immediate action to ensure his safety and well-being.

LATEST POSTS

Understanding the Current State of Cryptocurrency in 2024

The Complex Landscape of Crypto Regulation: A Tale of Two Viewpoints The world of cryptocurrency is a complex and ever-changing landscape, with opinions as diverse...

Is BTC on the Verge of Returning to $70K?

Analyst Predicts Bitcoin Could Reach $70,000 in May Bitcoin prices have been holding steady above $60,000 since early May, but one analyst believes the cryptocurrency...

Ethereum Whale Selling Off Holdings During Market Decline

Ethereum Whale Sells Off Holdings, Incurs Loss Ethereum Whale Sells Off Holdings, Incurs Loss Amidst Bearish Market In a recent turn of events, Ethereum (ETH) has...

Illinois-based Vibrant Credit Union looks to the future with blockchain technology

Vibrant Credit Union Partners with Metallicus to Explore Distributed Ledger Technology Vibrant Credit Union Partners with Metallicus to Explore Distributed Ledger Technology Vibrant Credit Union in...

Most Popular