Binance CEO rejects the Nigerian government’s allegations against the exchange.
Richard Teng criticizes Nigeria’s lack of concern for Gambaryan despite his severe health conditions.
Teng states that Binance’s total transaction volume from 2023 is $21 billion.
Binance CEO Richard Teng recently pushed back against the Nigerian government’s accusations against the exchange. The trial is set for September 2, 2024. Teng strongly disagrees with the government’s claims of Binance’s $26 billion revenue, arguing that $21.6 billion represents its total transaction volume from 2023.
In an official blog post, Teng expressed concerns about the deteriorating health of Tigran Gambaryan, the Binance executive detained by the Nigerian government. Teng’s statements came before the upcoming trial for Binance and its executives, Gambaryan and Nadeem Anjarwalla, who were arrested in Abuja regarding Binance’s alleged illicit flow of $26 billion.
Many, including political leaders and Gambaryan’s family, have highlighted that Gambaryan is facing severe health issues. Despite a court order for adequate medical support, Gambaryan is allegedly being held without proper a…
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