US Lawmaker Urges Congress To Treat Binance Executive Detained In Nigeria As A Hostage
A US lawmaker has urged Congress to declare a Binance executive detained in Nigeria as a ”hostage” if his criminal case in the country is not resolved by mid-July.
Representative Rich McCormick said in a July 10 resolution to Congress that the Nigerian government had wrongfully detained Binance executive Tigran Gambaryan in order to extort the crypto exchange.
“If Tigran’s case is not resolved by mid-July, he may remain in detention for an even longer undue period of time” because the court typically takes a recess from mid-July until September, said Rep. McCormick.
Over 100 Federal Agents And Prosecutors Call For Binance Executive’s Release
Rep. McCormick submitted the resolution on behalf of himself and Rep. French Hill, who went to see Gambaryan in prison on June 20.
This recent call for action follows similar responses from more than 100 federal agents and prosecutors. All of them have asked the State Department to secure the Binance executive’s release.
The debacle started in February when authorities charged Gambaryan and colleague Nadeem Anjarwalla with money laundering and tax evasion when the two traveled to Nigeria on behalf of Binance.
Although Nigeria’s tax authority dropped its tax evasion charges in June, the Economic and Finance Crimes Commission’s money laundering case is still ongoing.
Anjarwalla managed to escape custody and fled to Kenya. However, he is expected to be extradited to Nigeria.
Petition To Free Tigran Gambaryan Has Almost 5,000 Signatures
Gambaryan’s wife, Yuki, has launched a petition to let her husband return to the US. It has received 4,983 signatures as of 4:05 a.m. EST.
In the petition, she said that Gambaryan traveled with “just a small bag” since he was only “supposed to be there for 48 hours” after arriving in Abuja, Nigeria on Feb. 25.
“Now, multiple weeks later, the Nigerian authorities continue to refuse to allow him to leave the country as they work-up bogus charges, and the conditions of his detention have worsened significantly,” she wrote in the petition.
Related Articles:
- Upcoming Crypto Presales: Unlock Early Investment Opportunities!
- Justin Sun Scoops Up $5 Million ETH As Ethereum ETF Launches Approach
- Biaoqing Price Prediction: BIAO Plunges 16% As This Layer-2 PEPE Charges Towards $4 Million
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IRS Tightens Grip on Crypto with New 2025 Rules
How YeagerAI Is Allowing dApps to Access Real-World Data More Efficiently
241128: Bitcoin Pumps Above $97K, Then Dumps, as Ether, XRP Surge 7%
Bitcoin zoomed above $97,000, bringing hopes of breaching the landmark $100,000 level on social media, before paring gains to nearly $95,500 in Asian morning hours on Thursday. BTC added 3.3% in the past 24 hours, data shows, ahead of a Thanksgiving weekend that has historically recorded sudden pri
Attention is value, and AI Agents will continuously attract users and capital
To truly grow, AI entities cannot be limited to promoting meme coins.