Detained Binance Exec's Health Deteriorates Amid Money Laundering Charges in Nigeria

The health of Tigran Gambaryan, a Binance executive detained in Nigeria, has worsened amid money laundering charges. His wife reports severe medical issues and lack of legal access. Binance and Gambaryan deny the charges, while a court has ordered medical treatment. The trial is adjourned to October 11.


Devdiscourse News Desk | Updated: 12-08-2024 21:48 IST | Created: 12-08-2024 21:48 IST
Detained Binance Exec's Health Deteriorates Amid Money Laundering Charges in Nigeria

The condition of Tigran Gambaryan, a detained Binance executive facing money laundering charges in Nigeria, has worsened significantly, according to statements from his wife. In a worsening health crisis, he is reportedly facing severe medical challenges without access to legal advisors.

Gambaryan, a U.S. citizen, and another Binance executive have been implicated in laundering over $35 million, a charge both deny. His colleague, Nadeem Anjarwalla, evaded custody and left the country. Binance also faces separate tax evasion allegations.

A Nigerian court recently ordered a medical report after Gambaryan appeared in court in a wheelchair. However, the report was not submitted, and he has been ordered to be admitted for medical diagnosis and treatment. The trial is postponed to October 11.

(With inputs from agencies.)

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