As an analyst with extensive experience in global finance and geopolitics, I find the situation of Tigran Gambaryan, a top executive at Binance, deeply concerning. The detention of Mr. Gambaryan for six months without adequate medical care or legal representation is unjust and inhumane. His condition, worsened by a herniated disc, demands immediate attention and compassion from the Nigerian government.
Binance is urgently asking the U.S. administration and international bodies to use their influence to help free one of their high-ranking officials, Tigran Gambaryan, who has been unfairly held in custody for approximately half a year in Nigeria.
Binance Denounces Unjust Detention
As per a declaration made by Binance CEO Richard Teng on Tuesday, Gambaryan – an American national – has been undergoing severe physical and mental decline because the Nigerian authorities have allegedly failed to offer him proper medical treatment or legal representation.
Despite a court order demanding the release of Gambaryan’s medical records, the authorities have reportedly failed to comply with the requests. Teng said:
Tigran’s health, both physically and mentally, has taken a sharp turn for the worse, making his circumstances more critical than ever before. He is enduring intense pain and is bedridden due to a herniated disc, which also prevents him from walking. Regrettably, the Nigerian government has failed to provide him with necessary medical attention, even denying him access to essential items like a wheelchair for his daily needs.
The Binance executive’s arrest has been tainted by accusations that the company considers unfounded, associating the cryptocurrency platform with Nigeria’s economic troubles, such as the significant devaluation of the Nigerian Naira currency.
Teng disputed these assertions by explaining that Binance’s activities within Nigeria have generally been quite limited, and he emphasized that the depreciation of the Naira is due to larger economic factors outside of the company’s influence.
As a crypto investor, I firmly believe that there’s no need to incarcerate an innocent employee to address any accusations against Binance. Instead, we’ve been resolving matters in various countries, such as the U.S., Thailand, Brazil, and India, through cooperative and diplomatic means with the respective governments. These resolutions have been achieved without resorting to threats or causing harm to our valued team members.
Pressure Mounts On Nigeria To Free Gambaryan
Binance has urged the U.S. government to classify Gambaryan as one of their citizens being unjustly detained abroad. Such a designation might generate substantial political pressure, compelling Nigeria to grant his release for humane reasons.
The company is also urging citizens and organizations globally to advocate for Gambaryan’s freedom and to condemn Nigeria’s “unjust detention practices.”
Teng is open to collaborating with the Nigerian government on boosting their Web3 sector and inviting external investments. But, this cooperation will start after the resolution of the Gambaryan case. In closing, the CEO emphasized:
The powerholders within the Nigerian government unjustly and illegally imprisoned Tigran, a previous U.S. federal agent. It is just as feasible for them to make a fair decision and let Tigran return to his family, including his wife and two small children. On compassionate grounds, we implore the decision-makers in Nigeria to grant Tigran safe passage back home.
Currently, as I’m typing this, the local currency for the exchange, known as BNB, is being traded at around $552. Over the past 24 hours, its value has corrected by almost 2%.
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2024-08-28 07:42