Nigeria Court Releases Binance Executive Detained for Months

  • Charges against Tigran Gambaryan dropped on health grounds
  • Gambaryan detained in February as Nigeria took aim at Binance

Tigran Gambarya at court in Abuja in April.

Photographer: David Exodus/Bloomberg
Lock
This article is for subscribers only.

The Nigerian government dropped charges against a Binance Holdings Ltd. executive standing trial on allegations of money laundering and currency manipulation, who had been detained in the country since February.

The case against Tigran Gambaryan, head of financial crime compliance at Binance, was discontinued on the grounds of his ill health, according to people familiar with the court’s decision.