Quantcast

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

Coinbase adds Solana cbBTC support as Bitcoin-backed token race heats up
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
He used his clients' cryptos to buy luxury cars – A scammer sentenced to pay 36 million dollars
Crypto Exchange BingX Hacked, Onchain Data Shows Over $43M Drained
The first stablecoin in euro compliant with the MiCA law is launched on Cosmos
SG-FORGE chooses Solana for its stablecoin
Binance announces speaker lineup for Blockchain Dubai 2024
German authorities shut down 47 exchanges, some using crypto, to facilitate money laundering
Layer-2 Meme Coin Pepe Unchained Hits $13.5M in Presale, Analyst Says it’s the Next Crypto to Explode – Branded Spotlight Bitcoin News
The Revolut Neobank would be about to issue its own stablecoin
Mark Cuban wants to buy X from Elon Musk. There’s just one problem
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
The Fed Could Cause A Massive Increase In Bitcoin!
Binance gives Vietnam users impacted by Typhoon Yagi $50 worth of BNB
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Coinbase accused of manipulating the price of Bitcoin, its CEO denies – Unfounded rumor or reality ?
Trump to unveil World Liberty Financial today. Here’s everything to know about the DeFi project
Binance responds to growing Clipper malware crisis with blacklist and safety measures
World Liberty Financial: we know the launch date of the crypto project carried by Donald Trump and his sons
The ECB Opens The Credit Floodgates A Little More
L’adoption is going faster than expected – Almost 1 in 5 French (18%) owns cryptos
Consumer protection watchdog warns about Tether's reserves
World Liberty, Crypto Project Helmed by Donald Trump's Family, Will Release on Sept. 16
18 % des Français détiennent des cryptomonnaies et 30 % en ont déjà possédé, selon une étude de Gemini
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
PayPal & Venmo integrate ENS to simplify crypto payments
Friend.tech creators walk off with $44m as project shuts down
Ethereum stablecoin volume hits record $1.46 trillion as DeFi demand surges
Binance announces appointment of Grant Thornton for global accounting services
Discovery ruling favours Coinbase in SEC battle as shares slide to 7-month low
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.