Insiders: Binance executive Tigran Gambaryan has been released

2024-10-24 13:06:17

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ChainCatcher news, according to DL News, Nigerian prosecutors withdrew criminal charges against Binance executive Tigran Gambaryan on Wednesday. Tigran Gambaryan has been detained in the African country since February.

At the court hearing, a lawyer representing the Nigerian Economic and Financial Crimes Commission stated that Gambaryan could not be prosecuted for Binance's alleged illegal activities because he was merely an employee. Judge Emeka Nwite accepted the government's decision to withdraw the case. According to a source, Gambaryan has been released, but it is unclear whether he has reached the U.S. Embassy in Abuja.

The EECC has not withdrawn money laundering charges against Binance, which denies any wrongdoing. The trial is set to begin in November.

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