Binance, one of the leading cryptocurrency exchanges, has expressed its disappointment with the recent decision of a Nigerian court to deny bail to Tigran Gambaryan, an executive at the company. The court in Abuja rejected Gambaryan’s bail request, citing procedural issues and the ongoing appeal against a previous denial of bail.
Gambaryan has been in Nigerian custody since February, facing charges related to a money laundering and tax violation case. While the tax charges have been dropped, the allegations of money laundering remain. During his time in custody, Gambaryan has suffered from various health issues, including malaria, pneumonia, tonsillitis, and complications from a herniated disc, which now requires him to use a wheelchair.
Binance has expressed frustration with the court’s decision, highlighting Gambaryan’s deteriorating health condition. The company stated that Gambaryan was not in Nigeria as a decision-maker and that his continued detention was unjust. Binance remains committed to working with the Nigerian government to resolve the situation but insists that Gambaryan should be allowed to return home.
Gambaryan’s family has also spoken out against the court’s decision, with his wife, Yuki, calling it “completely unjust.” She expressed concerns about his health and the lack of access to appropriate medical care. Yuki hopes that once Gambaryan is released, the damage to his health will not be permanent.
The situation has raised concerns about the treatment of individuals in Nigerian custody and the need for fair legal proceedings. Binance and Gambaryan’s family are urging for a resolution that prioritizes his well-being and allows him to receive the necessary medical attention.
As the case continues to unfold, there is a growing call for justice and compassion for Gambaryan, highlighting the importance of upholding human rights and ensuring that individuals are treated fairly under the law. The ongoing support from Binance and Gambaryan’s family underscores the need for a swift and just resolution to this challenging situation.