Latest news with #TigranGambaryan
Yahoo
2 days ago
- Business
- Yahoo
Tigran Gambaryan, Binance Exec Who Was Detained in Nigeria for Nearly a Year, Departs Crypto Exchange
Tigran Gambaryan, the former U.S. federal agent who led Binance's financial crime compliance efforts, announced that he is leaving the company after a tumultuous four-year tenure. Gambaryan, once a IRS investigator, joined Binance in 2021 when the crypto exchange was under growing scrutiny for its lax compliance with anti-money laundering regulations. At the time, Binance had no investigations team. Under his leadership, the company built a 100-person global unit staffed with former prosecutors and federal agents, he said on social media. However, His tenure at Binance took a dramatic turn in 2024, when Nigerian authorities detained him on allegations tied to the exchange's operations. Gambaryan spent eight months in prison before being released on humanitarian grounds following bipartisan U.S. political pressure. He was ultimately cleared of charges, though Nigeria continued to pursue penalties against Binance. Later on, he said it would be an honor to serve his country again, if asked to do so. In his departure message, Gambaryan reflected on his time at Binance and expressed a desire to continue bridging the worlds of enforcement, technology, and compliance. 'There's a growing need for trusted, experienced operators, people who understand how to translate between technology, enforcement, and compliance,' he wrote. 'That's where I intend to continue making a difference,' he in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
3 days ago
- Business
- Bloomberg
Binance Official Who Was Detained in Nigeria Leaves Crypto Exchange
Binance Holdings Ltd. 's head of financial crime compliance, Tigran Gambaryan, who was detained last year in Nigeria for about eight months, is leaving the world's largest crypto exchange. Gambaryan was released on humanitarian grounds in October after his health deteriorated while in jail. The former US Internal Revenue Service agent, who joined Binance in 2021, had been held on allegations of money laundering and currency manipulation when he traveling to Nigeria on behalf of Binance. The Nigerian government dropped the charges against Gambaryan.
BBC News
15-02-2025
- Business
- BBC News
Accusation and counter-accusation between Binance executive and Nigeria goment
Di federal goment don dismiss claims wey Binance head of financial crime Tigran Gambaryan bin make. Gambaryan bin spend months for Nigeria detention facility sake of alleged money laundering. Dem recently try am for financial crimes but dem release am afta intervention by di United States goment. For one post for im X handle, e claim say im arrest by di Nigeria goment make former US President Joe Biden to avoid a meeting im bin plan to get wit President Bola Tinubu during di 2024 UN General Assembly (UNGA). Gambaryan blame di National Security Adviser Nuhu Ribadu for di situation and say di US goment also reduce di size of di Nigerian delegation wey fit attend di annual global assembly. E also identify three Nigerian lawmakers wey allegedly demand bribe of $150m from am. Counter accusation by federal goment For one statement from di minister of information and national orientation, Mohammed Idris, e ask Nigerians to disregard di allegations. Idris describe Gambaryan claims as a deliberate misinformation campaign. "Di federal goment of Nigeria note wit concern di outrageous allegations, misinformation, and defamatory statements wey Tigran Gambaryan, American personnel of Binance wey dey recently tried for Nigeria for financial crimes, dey disseminate," di statement tok. "Di goment bin reject Binance offer of a $5 million down payment in exchange for Mr. Gambaryan freedom, in favour of a more beneficial settlement wit American government." Idris say dem dey set di record straight to straight to prevent falsehoods from gaining spreading. The minister also address Gambaryan claims of bribery attempt, and add say im initial visit to Nigeria dey entirely discretionary and not sanctioned by any goment entity. According to am, investigation bin dey promptly initiated afta dem bring di alleged incident to di goment attention. "Di first visit by Mr. Gambaryan and am colleagues to Nigeria dey discretional on dia part and di government bin no dey officially involved. "However, wen dem call di attention of di goment to one alleged bribery demand during dat trip, investigation immediately open into am, though formal complaint by anyone no dey," e tok. Di federal goment bin detain Gambaryan and im colleague, Nadeem Anjarwalla, a 37-year-old British Kenyan wey serve as di regional manager for Africa at Binance. Dem bin charge both of dem wit money laundering involving $35 million, as initiated by di Economic and Financial Crimes Commission. Anjarwalla bin manage to escape from custody on March 22, 2024.
