Crypto Clash: Binance's Compliance Chiefs Held in Nigeria

Crypto Clash: Binance's Compliance Chiefs Held in Nigeria
Binance Nigeria - Source picture: CryptoSlate

Hey FinTech Fanatic,

Tigran Gambaryan, who leads the financial-crime compliance team at Binance, took a trip to Abuja, Nigeria, to address a serious accusation. The Nigerian government had accused the world's leading cryptocurrency exchange, Binance, of negatively impacting the national currency.

Tigran, an American and former IRS special agent, thought he was heading out for a straightforward business trip, leaving his family behind in Georgia with just a small suitcase in hand.

However, things didn't go as planned.

Nigerian officials detained him along with his colleague, Nadeem Anjarwalla, a British-Kenyan who oversees Binance's operations in Africa.

Despite being held in a guarded location, they've not been formally charged with any wrongdoing. This situation unfolded after they were officially invited to Nigeria for discussions, but there's been a lack of public communication from the government regarding their detention.

I highly recommend reading this Wired article for more info and the complete story. And of course, I'll keep you posted about any updates.

Enjoy more FinTech industry updates below, and I'll be back in your inbox tomorrow!




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