Tigran Gambaryan Accuses Nigeria of Economic Scandals Following Detention
Tigran Gambaryan, a former executive at Binance, has accused the Nigerian government of using Binance as a scapegoat amidst economic scandals. He criticized Nigeria's National Security Advisor, Nuhu Ribadu, for focusing on the cryptocurrency exchange instead of addressing corruption allegations against government officials.
Key Points
- Gambaryan claims Nigeria is involved in economic scandals.
- Accused Ribadu of prioritizing financial extortion over tackling legislative corruption.
- Gambaryan and another Binance executive were arrested in February 2024 on charges of money laundering and tax violations.
- After months of advocacy, all charges against Gambaryan were dropped in October 2024.
- Binance CEO Richard Teng alleged that Nigerian officials sought $150 million in bribes to resolve the case.
- Nigerian authorities denied these bribery allegations, framing them as attempts to distract from their own financial issues.
The situation highlights ongoing tensions between Binance and the Nigerian government regarding economic management and regulatory practices.