Nigerian Judge Denies Bail for Binance Executive Gambaryan

A Nigerian Federal High Court has rejected a bail application for Tigran Gambaryan, a Binance Holdings executive, on health grounds. Gambaryan has been detained in the Kuje Correctional Center in Abuja since February, facing allegations of money laundering and currency manipulation. His health, including a herniated disk that impairs his mobility, has been a focal point of his defense. Binance has been actively campaigning for Gambaryan’s release, and has claimed that Nigerian authorities solicited a “secret” payment to resolve their legal challenges in Abuja.

Source: reports

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