US Congress Calls For Biden’s Immediate Action In Detained Binance Exec Case

As a researcher with a background in international relations and human rights, I am deeply concerned about the ongoing situation between Binance and the Nigerian government, specifically regarding the detention of Tigran Gambaryan. The letter signed by US congress members urging President Biden to intervene in this case highlights the gravity of the situation and the potential danger it poses to the executive’s life.


The intricate story involving cryptocurrency platform Binance and the Nigerian government has taken a more serious turn, with US congress members urging the Biden administration to take swift action in response.

In a letter to the United States president, legislators voiced their worry over the wellbeing of Tigran Gambaryan, an executive at Binance, and requested the administration’s intervention to secure his release from Nigerian detention.

US Lawmakers Urge For Binance Exec Safely Return

On June 4th, a group of 16 US congress members penned a letter to President Biden appealing for his intervention in the case of Tigran Gambaryan, a former American federal agent who has been held in Nigeria for the past three months. Their concern stems from reports of his deteriorating health.

Nigerian officials arrested Gambaryan and his co-worker Anjarwlla on the 26th of February. Anjarwlla managed to evade capture since then. Ever since, Gambaryan has been detained without being allowed to possess his travel document. He is only permitted restricted communication with his legal representation and kin under close supervision.

US Congress Calls For Biden’s Immediate Action In Detained Binance Exec Case

I’ve analyzed the content of the letter, and it highlights the unfair treatment Gambaryan has experienced during his unlawful detention. The letter stresses that the accusations against him are without merit and are being used by the Nigerian government as a means to pressure Binance into complying with their demands. In simpler terms, the charges leveled against Gambaryan are baseless and serve as an attempt to extort Binance.

In a courtroom setting, Nigerian officials have acknowledged that Gambaryan is their sole leverage in negotiations against the crypto exchange. On the 25th of April, the prosecutor expressed that since “The first defendant [Binance], being an online entity, is our only tangible asset is this defendant [Tigran].”

In a letter, Binance’s CEO, Richard Teng, criticized the Nigerian authorities for their attempts to establish a harmful example for businesses everywhere by targeting Binance’s intermediate-level staff.

A Call For Action “Before It’s Too Late”

As an analyst, I’d rephrase it this way: I noted the remarkable and esteemed history of Gambaryan as a federal agent, which was emphasized by US lawmakers. However, they also brought up the striking contrast between his current situation and the recognition he’s received posthumously from the government – he lies in a prison cell while his legacy is celebrated.

Former Special Agent Tigran Gambaryan’s commitment to justice and the law didn’t waver after he left federal service. Remarkably, on May 3rd of this year, as Tigran battled for his life within a prison cell intended for ISIS fighters, the U.S. Department of Justice made an important announcement. They seized significant evidence in a landmark case and expressed their gratitude towards Tigran for his pioneering work in the investigation.

In the letter, the congress members described a concerning situation, stating that the executive’s health was in jeopardy because of insufficient medical care. According to Bitcoinist, Gambaryan experienced a health incident during a court proceeding on May 23rd.

The day before, the ex-FBI agent missed his court appearance for tax evasion charges, sparking worries about his health and location. But, he appeared in court for his money laundering hearing the following day, only to faint and need medical attention.

After that revelation, it came to light that Gambaryan had contracted malaria but was not given proper medical care in prison. Following his collapse, the court intervened and ordered him to be taken to the hospital for treatment.

As a concerned crypto investor following the news closely, I’ve noticed that the lawmakers’ letter revealed that the required actions regarding Gambaryan’s case have not been completely fulfilled, and he has not received sufficient medical care for his disease. Therefore, I, along with other House members, including Chairman Michael McCaul, are urging the US government to take decisive steps to address this issue.

The letter urges the transfer of Gambaryan’s case to the Office of the Presidential Special Envoy for Hostages Affairs. The politicians voiced their grave concerns for his safety and requested prompt action to ensure his wellbeing, emphasizing the urgency of the matter.

US Congress Calls For Biden’s Immediate Action In Detained Binance Exec Case

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2024-06-06 01:12