White House Pushed to Address Binance Executives' Nigeria Detention (2024)

Tigran Gambaryan, a U.S. citizen and the head of the criminal investigations team at Binance, along with a colleague, have been detained by Nigerian authorities since February 26, 2024. The circ*mstances surrounding their detention, reportedly without charges and under questionable conditions, have prompted calls for the U.S. government’s intervention.

Unjust Detention to Binance Executives

Gambaryan was allegedly lured to Nigeria under false pretenses and subsequently detained by armed personnel, along with a Binance colleague. They were stripped of their passports and have been detained at an unknown location, which sparked accusations of a government plot to extort a hefty ransom from Binance. The absence of formal allegations and the refusal of uncontrolled legal representation have further emphasized the questionable nature of their detention.

advertisem*nt

This incident has not only traumatized the people affected and their families but has also been a cause of a great deal of upset throughout the international business and diplomatic world. The fact that the detention lacks a clear legal basis and an American citizen is involved has raised the profile of this issue and has brought up the issue of possible threats to American businessmen overseas, especially in the volatile cryptocurrency sector.

International Law and Diplomatic Tensions

In this regard, Gambaryan’s detention, which in the opinions of some is arbitrary and without due process, presents a major challenge to international law norms and diplomatic relations. Nigeria, a beneficiary of over $1 billion of U.S. foreign aid each year, is generally an ally of the U.S. which makes the situation very tricky and unprecedented, unlike similar cases in states with worse relations with the U.S.

The incident initiated discussions about the safety, and legal protection of US nationals in the global market especially in areas where the regulation surroundings for the developing sectors such as cryptocurrency are not clear. The reaction of the U.S. authorities to this case is under scrutiny as a measure of their dedication to the protection of their citizens and the strict observance of the international legal norms.

Recommended Articles
Crypto Presale Projects For 2024 To Invest; Updated List Must Read
Best Crypto AI Trading Bots For 2024: Updated List Must Read
Best Crypto Exchanges and Apps September 2024 Must Read
Top Meme Coins to Buy Now: What You Need to Know Must Read
Top 10 Web3 Games To Explore In 2024; Here List Must Read

Calls for Immediate Action

The U.S. administration under President Biden is under growing pressure to ensure the immediate release of Gambaryan and his colleague. The case falls beyond legal frameworks embassy on questions of national pride, and the more general safety of American citizens in the world.

Gambaryan’s contribution to fighting cybercrime, which also include his participation in major cases like AlphaBay and Silk Road, has been mentioned as a part of the request for his release.

I have reached out to @WhiteHouse for comment on @TigranGambaryan’s detainment and @DigitalChamber’s plea for @POTUS to intervene. https://t.co/IfbSLhG09E

— Eleanor Terrett (@EleanorTerrett) March 15, 2024

Proponents of Gambarya, including Eleanor Terrett, are calling for a strong diplomatic action to rectify what they perceive as a gross miscarriage of justice. The outcome of this case may serve as crucial examples on how the US manages such situations further by maintaining a diplomatic relationship and at the same time protects its citizens.

Read Also: Marathon Digital Boosts Mining Capacity with $87M Texas Deal

  • TAGS
  • Binance
  • Binance Nigeria
  • Trending
  • Price Analysis
  • Andrew Kang Acquires Pepe NFT in Sotheby’s 3AC Liquidation
  • Ryoshi Empowers Shiba Inu Community with Access to DeFi Utilities
  • Binance Unveils BOME Listing Sparking Insider Knowledge Concerns
  • Bitcoin CementsDominance Over Gold, Records $23.6B Net Inflows
  • Cronos (CRO) Price Rallies 12% On Major Upgrade Announcement
  • Cardano Price Analysis: Recent Downturns Spark Investor Interest, Will ADA Hit $1?
  • Here’s When Dogecoin Price May Return On Recovery Trend to Surpass $0.2
  • Gala Price Forecast: Key Resistance Breakout Sets $GALA Token Rally to $0.1
  • Crypto Price Prediction: Top Altcoins To Watch Amid Market Correction
  • Shiba Inu Price Eyes Rally to $0.00005 After This Final Pullback
Top Crypto Presale Projects For 2024 To Invest; Updated List
Best Crypto AI Trading Bots For 2024
Top Meme Coins to Buy Now in 2024 [UPDATED]
  • About author
  • Disclaimer

Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor's in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery.

White House Pushed to Address Binance Executives' Nigeria Detention (10)

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

White House Pushed to Address Binance Executives' Nigeria Detention (2024)

FAQs

White House Pushed to Address Binance Executives' Nigeria Detention? ›

Two U.S. congressmen have submitted a resolution to the House Committee on Foreign Affairs, urging the government to declare the detention of a Binance executive in Nigeria as a hostage situation.

Who is Tigran Gambaryan? ›

Gambaryan, a former Internal Revenue Service agent and Binance's current head of financial crime compliance, voluntarily traveled to Nigeria in February to meet with government officials.

Did Nigeria defend Binance exec prosecution amid US lawmakers criticism? ›

Nigeria defends Binance exec prosecution amid US lawmakers' criticism. The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

Who was the wife of Tigran the Great? ›

Cleopatra is sometimes known as Cleopatra the Elder, to distinguish her from her sister of the same name and was born and raised in the Kingdom of Pontus. She was the wife of the Armenian King Tigranes the Great. She married Tigranes in 94 BC, cementing the alliance between Pontus and Armenia.

What did Tigran the Great do? ›

Either the son or nephew of Artavasdes I, Tigranes was given as a hostage to Mithridates II of Parthia after Armenia came under Parthian suzerainty. After ascending to the Armenian throne, he rapidly expanded his kingdom by invading or annexing Roman and Parthian client-kingdoms.

Who issues Binance USD? ›

Binance is a leading cryptocurrency exchange and Paxos, a blockchain infrastructure platform, is the issuer of the Binance USD stablecoin.

Is Tigran L Petrosian related to Tigran Petrosian? ›

Tigran L. Petrosian was born on 17 September 1984. His first name was deliberately chosen by his father to match the name of Tigran V. Petrosian (no relation), the first Armenian to become World Champion.

Who is in the Tigran Hamasyan trio? ›

Cast
  • Tigran Hamasyan — Pianist.
  • Matt Brewer — Double bassist.
  • Justin Brown — Drummer.
Dec 19, 2023

How does Tigran Tsitoghdzyan create his work? ›

We see the faces of Tigran's subjects through the screen of their hands, just as we connect with people through the filter of the computer's screen. Tigran's practice is a marriage of technology with the oil painting techniques of the old-masters, creating portraits that are both stunning and haunting.

Where was Tigran Hamasyan born? ›

Hamasyan was born in Gyumri, Armenia. His ancestors were from the Kars region. His father was a jeweler and his mother designed clothes. At the age of three he began to play melodies on his family's piano, and he went to a music school from the age of six.

Top Articles
Which Business Entity Is Best for My Small Business?
Generative AI in finance and banking
Bubble Guppies Who's Gonna Play The Big Bad Wolf Dailymotion
Walgreens Boots Alliance, Inc. (WBA) Stock Price, News, Quote & History - Yahoo Finance
Nehemiah 4:1–23
Exam With A Social Studies Section Crossword
A Complete Guide To Major Scales
Puretalkusa.com/Amac
Obituaries
Learn How to Use X (formerly Twitter) in 15 Minutes or Less
R/Altfeet
Nebraska Furniture Tables
Belly Dump Trailers For Sale On Craigslist
Beebe Portal Athena
Boston Gang Map
NHS England » Winter and H2 priorities
Inter-Tech IM-2 Expander/SAMA IM01 Pro
Ratchet & Clank Future: Tools of Destruction
Allentown Craigslist Heavy Equipment
18889183540
All Breed Database
Home
European city that's best to visit from the UK by train has amazing beer
Kentuky Fried Chicken Near Me
Meet the Characters of Disney’s ‘Moana’
Miles City Montana Craigslist
Uno Fall 2023 Calendar
Ilabs Ucsf
Ellafeet.official
After Transmigrating, The Fat Wife Made A Comeback! Chapter 2209 – Chapter 2209: Love at First Sight - Novel Cool
Phone number detective
JD Power's top airlines in 2024, ranked - The Points Guy
Luciipurrrr_
Lucky Larry's Latina's
Rocketpult Infinite Fuel
Blue Beetle Movie Tickets and Showtimes Near Me | Regal
Muma Eric Rice San Mateo
oklahoma city community "puppies" - craigslist
Gwu Apps
Laff Tv Passport
Ksu Sturgis Library
R/Moissanite
20 bank M&A deals with the largest target asset volume in 2023
The best bagels in NYC, according to a New Yorker
Tacos Diego Hugoton Ks
RubberDucks Front Office
Wpne Tv Schedule
25 Hotels TRULY CLOSEST to Woollett Aquatics Center, Irvine, CA
Barback Salary in 2024: Comprehensive Guide | OysterLink
Treatise On Jewelcrafting
Parks And Rec Fantasy Football Names
Latest Posts
Article information

Author: Mrs. Angelic Larkin

Last Updated:

Views: 5905

Rating: 4.7 / 5 (67 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Mrs. Angelic Larkin

Birthday: 1992-06-28

Address: Apt. 413 8275 Mueller Overpass, South Magnolia, IA 99527-6023

Phone: +6824704719725

Job: District Real-Estate Facilitator

Hobby: Letterboxing, Vacation, Poi, Homebrewing, Mountain biking, Slacklining, Cabaret

Introduction: My name is Mrs. Angelic Larkin, I am a cute, charming, funny, determined, inexpensive, joyous, cheerful person who loves writing and wants to share my knowledge and understanding with you.