Quantcast

Crypto Council for Innovation CEO: Binance employee 'remains wrongfully detained by the Nigerian government'

FTX affair: are SBF’s lawyers complicit?
Bruno Le Maire announces a new savings plan of 10 billion euros – Who will be affected by the cuts?
Bitcoin spot ETF inflows increase amid net outflows for gold-backed funds
How to protect yourself from crypto scams? Exclusive interview with the Global Head of Binance Investigations
Crypto exchange Coinbase finally returns to profitability
The total capitalization of cryptocurrencies now exceeds $2,000 billion
Telefónica teams up with Chainlink to fight crypto hacks
France: D-14 for Blockevent, the crypto and AI conference that focuses on innovation experts
Fidelity Cuts Fee on European Bitcoin ETFs
Isle of Man contemplates including crypto under ‘investment’ definition
Europe’s Progressive Crypto Regulations and Algotech’s Trading Platform: A Perspective
Will Europe ban Bitcoin mining?
How to mine without hardware in 2024?
Bitcoin integrates the top 10 of the largest global assets by 2024
Cryptocurrencies: Bitget’s Growth Breaks New Record
Entries on crypto products exceed $1 billion again - Coins.fr
Bitcoin price tops $50,000 after spot ETF launches spur demand
Can Torrevieja become Europe’s first crypto-friendly city?
Super Bowl: cryptocurrencies will be absent from advertisements once again – Kraken gives its opinion
Binance Remains the Undisputed Leader in the Crypto Sector
Binance to offer a minimum of $10,000 to anyone who reports corrupt employees
France will “escape the dark scenario” of recession, according to the Banque de France
Cross-chain crypto yield marketplace Superform raises $6.5M
Crypto.com president talks up MiCA, allowing exchanges to expand across Europe
Kraken secures VASP registration in the Netherlands
Is Binance Already the 8th Largest ‘Nation’ on Earth? Home to 170 Million Innovators?
Here’s How Much Bitcoin, XRP Binance Holds for Users in 2024
Binance Complies With Regulators and Delists Monero (XMR)
“Bitcoin Spot ETFs, a huge opportunity for Flowdesk” according to Denis Barrier, co-founder of Cathay Innovation
Bitcoin ETFs launch promotional blitz after Google allows ads
Crypto Council for Innovation CEO: Binance employee 'remains wrongfully detained by the Nigerian government'
Webp ccfitigran
Crypto Council for Innovation CEO Sheila Warren (left) and Binance's Tigran Gambaryan (right) | LinkedIn/sheilawarren, LinkedIn/tigran-gambaryan

Sheila Warren, CEO of the Crypto Council for Innovation, has raised concerns regarding the treatment of Tigran Gambaryan, head of financial crime compliance for Binance and a former U.S. federal investigator, who is currently imprisoned in Nigeria. Warren expressed her concerns in a statement released on October 1.

"Tigran Gambaryan remains wrongfully detained by the Nigerian government," said Warren. "He is also being denied access to urgent medical attention. My heart goes out to Tigran and his family, who are all suffering through this horrifying ordeal."

According to CoinDesk, Nigerian officials had invited Gambaryan to participate in compliance discussions in February. However, he was detained during his visit, and his health has reportedly deteriorated significantly while in prison. He is said to be suffering from malaria and an untreated herniated disc that has impaired his mobility. Congressman Rich McCormick said that he believes Gambaryan is being held "hostage" as a means to "punish" Binance. McCormick further suggested that the U.S. government should leverage its influence over Nigeria to secure Gambaryan's release.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Gambaryan's detention comes amid allegations by the Nigerian government linking cryptocurrency activities to the devaluation of the naira. Economist Steve Hanke from The Johns Hopkins University refuted these claims in comments to Federal Newswire, stating that "the Nigerian government's claim that the collapse of the naira has been caused by crypto speculation is misguided and incorrect." Hanke attributed the naira's decline to a significant increase in money supply growth and rising inflation rates.

Before joining Binance in 2021, Gambaryan served as a special agent for the U.S. Internal Revenue Service (IRS) for ten years. During his tenure at the IRS, he investigated various cases involving national security and financial crimes, including high-profile cyber investigations such as those related to Silk Road and Mt. Gox.

Warren assumed her role as CEO of the Crypto Council for Innovation in February 2022. She also co-hosts the Money Reimagined podcast and serves on the board of the Bermuda Monetary Authority. The Crypto Council for Innovation describes itself as a "global alliance" focused on fostering public-private partnerships and advocating for inclusive regulation within Web3 advancements.

More News

Vladimir Gorbunov, founder of Choise.ai, expressed concerns over bans on cryptocurrency kiosks, suggesting that such measures misdiagnose the issue of fraud.

Oct 31, 2025

Alison Jimenez, president of Dynamic Securities Analytics, said that the focus on Bitcoin ATMs overlooks the fact that most cryptocurrency scam losses occur via exchanges.

Oct 30, 2025

Chuck Callesto, a political strategist and founder of Star Political, expressed his support for President Trump's pardon of Changpeng "CZ" Zhao.

Oct 29, 2025

Carlos Domingo, CEO of Securitize, said that the company is facilitating crypto investors' access to on-chain real-world asset information without the need for coding or blockchain explorers.

Oct 24, 2025

Changpeng Zhao, founder of Binance, commented on DeepSeek's reported success in artificial intelligence trading, highlighting potential market effects and the likelihood of increased research and activity.

Oct 24, 2025

Vitalik Buterin, co-founder of Ethereum, has said that Polygon and Sandeep Nailwal have significantly advanced the ecosystem.

Oct 24, 2025