Binance, a cryptocurrency exchange firm, has claimed that its employee, Tigran Gambaryan, who is now being held in Nigeria, is not a member of their executive team.
They explained that Gambaryan, an American, works solely as a law enforcement officer and has no decision-making authority.
Gambaryan and his colleague, Binance Holdings Limited’s Nadeem Anjarwalla, were arrested in Nigeria in February on allegations of money laundering.
Among other allegations, the firm and two workers were accused with $35,400,000 in money laundering last Thursday in Abuja’s Federal High Court.
While Gambaryan remains in custody, Anjarwalla escaped and fled the country.
Part of Binance’s statement reads, “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.”
