Cryptocurrencies

Nigerian Court Weighs Binance Executive’s Bail Application

  • Abuja court judge defers bail-plea decision until Oct. 9
  • US citizen Tigran Gambaryan has been detained since February

Tigran Gambaryan in court in Abuja in April.

Photographer: David Exodus/Bloomberg
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A Nigerian court will deliver its judgment on Oct. 9 on a bail application by a Binance Holdings Ltd. executive, who’s been held in the West African country for more than six months.

Tigran Gambaryan, the head of financial-crime compliance at Binance whom US lawmakers say has been unjustly detained, sought bail on the grounds of his ill health.