Tigran Gambaryan, a Binance executive, continues to be detained in Nigeria despite being cleared of tax evasion charges by the court. However, the Economic and Financial Crimes Commission (EFCC) is still pursuing allegations of money laundering against him, prompting his wife to file a plea for his release. Concerns have been raised about Gambaryan’s deteriorating health in prison. This situation has escalated due to Gambaryan and Binance facing allegations from local authorities in Nigeria for tax evasion and financial crimes. Binance CEO Richard Teng previously claimed that Nigerian officials demanded a $150 million crypto bribe to settle the disputes, adding further complexity to the lawsuit.

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