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International Business Times
International Business Times
Business
Marvie Basilan

Biden Thanks Nigerian President For Binance Exec's Release – What Role Did White House Play?

Binance's Tigran Gambaryan was released from Nigerian custody last week after nearly eight months. (Credit: Binance on X / Video Screenshot)

KEY POINTS

  • Gambaryan's detention in Nigeria was marked by health issues and alleged poor conditions that the country denied
  • Two lawmakers confirmed in June that Gambaryan's health was going downhill while in Nigerian custody
  • A group of House Representatives urged Biden in June to act fast in getting the Binance executive freed
  • The #FreeTigran campaign also helped pile more pressure on the Nigerian government since February

U.S. President Joe Biden called Nigerian President Bola Tinubu Tuesday to thank him for the "humanitarian" release of Binance's chief compliance officer Tigran Gambaryan, who had been detained in the country since late February over the cryptocurrency exchange giant's alleged violations of Nigerian law.

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