Nigeria detention and legal battles

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Tigran Gambaryan was released from Nigerian custody in October 2024 on humanitarian grounds after suffering from multiple severe health issues including malaria, pneumonia, and spinal complications.
The Nigerian government continues to pursue legal action against Binance as of June 2025, demanding $79.5 billion in damages and $2 billion in unpaid taxes, alleging the exchange caused national economic harm.
Nigerian authorities detained Tigran Gambaryan and his colleague Nadeem Anjarwalla in 2024 on charges of money laundering and currency manipulation, holding Gambaryan for eight months.
Tigran Gambaryan traveled to Nigeria in February 2024 to represent Binance and respond to government allegations that the exchange contributed to the country’s currency crisis.

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Tigran Gambaryan announces departure from Binance

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