Binance Executive Takes Legal Action Against Nigerian Authorities for Wrongful Detention

So apparently, a top Binance executive named Tigran Gambaryan has taken legal action against some Nigerian authorities. His lawyer presented the case in Abuja and said that Gambaryan’s detention is being used to pressure Binance.

From what I understand, Gambaryan is an American citizen who works as a top executive at Binance. He has filed a suit alleging wrongful detention by the Nigerian Office of the National Security Adviser and the Economic and Financial Crimes Commission.

His lawyer, T.J. Krukrubo, went before a Federal High Court in Abuja. He revealed that Gambaryan’s continued detention is basically being used as leverage by the Nigerian government to make demands of Binance.

The documents say Gambaryan and another guy named Nadeem Anjarwalla met with some Nigerian officials on February 26th at the invitation of the NSA and EFCC. After the meeting, the Nigerian authorities detained both Gambaryan and Anjarwalla. Gambaryan has been held ever since, while Anjarwalla managed to escape.

Krukrubo emphasized that Gambaryan didn’t do anything wrong during the meeting or any other time in Nigeria. The detention seems aimed solely at pressuring Binance.

The court filing also said Binance has a history of cooperating with Nigerian law enforcement, responding to over 600 requests for info since 2020. Despite that cooperation, Gambaryan argues his detention violates his constitutional rights under Nigerian law.

He’s requesting court orders for his immediate release, a declaration that the detention broke the law, and an injunction against further detention related to Binance investigations. He also wants a public apology from the Nigerian authorities.

The judge agreed to delay the case until April 8th to give the respondents – the NSA and EFCC – time to address the allegations, since they hadn’t responded to the application yet according to Krukrubo.

This legal action comes amid increased scrutiny on crypto exchanges in Nigeria. Following accusations of influencing foreign exchange rates, the government has imposed stricter regulations. Gambaryan and Anjarwalla’s detention happened after Nigeria banned crypto channels as part of efforts to combat currency speculation. The Naira currency has also devalued significantly against the dollar recently. Read Similar Story

  • 📌 1 GEM = 150 LION + ATH ★$ATH Circulation Supply = 59 M 🚨
    ★Listing On Binance & OKX Price Is $5 💵💵💵
    ★ATH Mainnet On Q2/2024
    ★P2P Trade Start April 04, 2024
    ★LION Listing on Exchange May 2024💵💵💵
    ★Mine Free $ATH Now👇

    🚀💰 Want to be rich with ATH? Here’s your roadmap from zero to hero in no time👇

    1️⃣ Start by downloading the Athene app – your gateway to financial empowerment.
    Use Referral Code: 61b3fbe999

    2️⃣ Invite your friends to join Athene and let them ride the riches train too.

    3️⃣ Mine free GEM and convert them into LION and ATH monthly. The more you mine, the more you earn!

    4️⃣ Cash in on your ATH by converting it to USDT, then use it to unlock Premium packages to get more Booster.

    5️⃣ Keep the momentum going! Use your ATH to burn for additional Booster, maximizing your returns.

    4️⃣ + 5️⃣ 👉 After getting more Booster, more GEM will be mined every day.
    👉 Get more GEM, and you will get more ATH and LION monthly.

    6️⃣ Then, wait for ATH to hit major exchanges like Binance and OKX, skyrocketing its value.

    #AtheneNetwork #BTC #Binanace #Okx #IceNetwork #NewMiningApp #PiNetwork #ReviveChain #Coretoshi #web3community #NFT #IVENetwork #revivemining

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts