American Crypto Executive Held in Nigeria Is Released, US Government Says

After eight months in detention, U.S. citizen Tigran Gambaryan was released on medical grounds to get treatment in the United States.

The Binance logo in an illustration taken on March 31, 2023. Dado Ruvic/Reuters/Illustration

A Nigerian court on Oct. 24 ordered the release on medical grounds of a U.S. citizen who had been detained for eight months, according to the U.S. Department of State.

Tigran Gambaryan—a former IRS criminal investigator and Binance’s head of financial crime compliance—was accused of money laundering by Nigeria’s Economic and Financial Crimes Commission (EFCC) earlier this year.