Binance Executive's Bail Hearing Delayed Again
Tigran Gambaryan, a Binance executive detained in Nigeria since February, will have to wait until October 9 for a ruling on his bail application. According to a statement from his family, the latest adjournment comes after a court appearance on September 2, where Gambaryan appeared frail and in need of medical attention.
Gambaryan, who is the head of financial crime compliance at Binance, was initially arrested on charges of tax evasion and money laundering. His family has raised concerns about his deteriorating health while in custody.
Calls for Release:
Given Gambaryan's status as a US citizen and former IRS special agent, many lawmakers and industry leaders have called for his immediate release. A petition launched by his wife has garnered significant support, with over 5,400 signatures.
Other High-Profile Cases:
Gambaryan's case is not isolated. In recent months, several high-profile executives in the tech and crypto industries have faced legal challenges. Pavel Durov, the CEO of Telegram, was arrested in France in August on charges related to money laundering and cryptology services.
Ongoing Investigation:
While tax charges against Gambaryan and another Binance executive, Nadeem Anjarwalla, were dropped in June, the pair still face potential charges related to money laundering. Anjarwalla managed to escape to Kenya but could still face extradition to Nigeria.
