Quantcast

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

WisdomTree may launch its Bitcoin and Ethereum ETPs on the London Stock Exchange
Crypto top & flop: the market pauses except for these three altcoins!
Binance assists Taiwan authorities with money-laundering scheme
A TV host becomes CEO of this crypto platform
Stock Market: The calm before the storm? Europe facing uncertainty over Fed decisions
Bitcoin Breaks Out Above $68K as Solana's 7% Gain Leads Crypto Rally
Venezuela Cuts Off Power to Bitcoin (BTC) Miners – What Happened?
Apu Meme Coin Skyrockets on Ethereum, Another Meme Coin Set to Surge with $15M Raised
Ethereum Foundation researcher Justin Drake discloses advisor role at Eigen Foundation
Toncoin (TON) weakens after a 62% rally in 13 days, going against the trend of the crypto market
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
Bybit, Kucoin, Bitget... Is the Financial Markets Authority (AMF) campaigning against cryptocurrencies?
Shiba Inu (SHIB) threatens to top DOGE: This crypto battle is raging!
Why regulators fear an Ethereum ETF: ‘What did we just do?’
Binance Has A Cure For Millions Of Dollars Stolen By Address Poisoning Scams
Risk-like crypto game hits $30m in volume in first week
Vanguard hires ex-BlackRock Bitcoin ETF supervisor as CEO
Millennium Management holds nearly $2 billion in spot bitcoin ETF shares
Consensys is revolutionizing crypto with Smart Transactions on MetaMask
Should you buy or sell Bitcoin according to these influential people in the industry?
Humanity Protocol raises $30M to compete with Worldcoin
Louis Vuitton-Affiliated Château d’Esclans And BlockBar To Sell $22,000 NFT Rosé Barrel
Bitcoin worth over $60 million moved for the first time in 10 years
Crypto: This is how tokenization revolutionizes real estate
Top cryptocurrencies to watch this week: ETH, BOME, HNT
BlockFi hires Coinbase to return crypto to its creditors
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
Arsenal has a sports coin and so does PSG — inside the wacky $3bn market where prices soar for no reason
Solana users are paying millions to stop bots attacking their trades
Nigeria: cryptocurrency exchanges against the local naira (NGN) will soon be banned
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

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website pellertrading.online.

Apr 19, 2025

The Comisión Nacional del Mercado de Valores (CNMV) has announced the issuance of warnings concerning unregistered financial and cryptocurrency entities operating without proper registration.

Apr 13, 2025

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website tradesvisions.co, which is offering financial, investment, and crypto asset services without the necessary authorization.

Apr 12, 2025

Today’s crypto overview: Price action across Bitcoin, Ethereum, Binance Coin, and more on April 6, 2025.

Apr 7, 2025

Finland’s Financial Supervisory Authority (FIN-FSA) has announced its review of topical supervisory themes, including the full application of the European Union Regulation on Markets in Crypto-Assets (MiCA), which regulates crypto-asset services.

Apr 7, 2025

The Comisión Nacional del Mercado de Valores (CNMV) has issued warnings regarding unregistered financial and cryptocurrency entities operating without proper registration.

Apr 7, 2025

Loading...

No comments available.