Detained Employee Not Part Of Our Management – Binance

Tigran Gambaryan, an employee of a cryptocurrency company, Binance, who is currently detained in Nigeria, is not part of the company’s management team, a statement from the company reveals.

Consequently, the firm said he could not be held responsible for the allegations of money laundering that the Nigerian government levelled against the company.

According to Binance, Gambaryan, a U.S. citizen, only serves as a law enforcement officer and does not have the power to make decisions.

This was disclosed in a statement from the company and obtained by OSUN DEFENDER on Wednesday.

Part of the statement read: “Tigran is a strict law enforcement professional and is not part of Binance management. While he has left the official service of the U.S. government, he has remained fully committed to the role of law enforcement officer ever since, operating as a global advocate for good governance and transparent regulatory financial practices.

“Binance respectfully requests that Tigran Gambaryan, who has no decision-making power in the company, is not held responsible while current discussions are ongoing between Binance and Nigerian government officials.”

In February, Gambaryan and his colleague, Nadeem Anjarwalla from Binance Holdings Limited, were arrested in Nigeria on suspicion of involvement in money laundering activities.

The firm and the two employees were charged last Thursday for $35,400,000 in money laundering at the Federal High Court, Abuja.

While Gambaryan remains in custody, Anjarwalla escaped and fled the country.