Richard Teng, chief executive officer (CBN) of Binance, a cryptocurrency firm, has raised concerns over the conditions of Tigran Gambaryan, a senior executive of the firm, in Nigeria’s custody.
Richard Teng, chief executive officer of Binance, a cryptocurrency firm, has raised concerns over the conditions of Tigran Gambaryan, a senior executive of the firm, in Nigeria’s custody.
“Furthermore, they are refusing to provide access to his legal counsel, despite a trial commencing on 2 September, which we have been informed is unconstitutional in Nigeria. “Tigran is a proud American who should not be subject to such unjust treatment. It is my sincere hope that the American government and political apparatus can exert its political will and muscle to bring Tigran home soon, so that he can get the adequate treatment and be reunited with his family and loved ones.
“Another claim made by the Nigerian government was that Binance was responsible for its currency decline. To everyone paying attention, this is not backed up by facts.“Between 2021 and the end of 2022, the Naira traded between a relatively narrow range of USD1: 380 to USD1: 440. We have been offering P2P services as a value-added service for our users wishing to get exposure to crypto during that period of time.
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