Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    YouTube tells creators they can drop more F-bombs

    July 29, 2025

    Lovense was told its sex toy app leaked users’ emails and didn’t fix it

    July 29, 2025

    LG’s StanbyMe 2 is an unquestionably cool TV at a questionably high price

    July 29, 2025
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » Nigeria Drops Charges Against Tigran Gambaryan, Jailed Binance Exec and Former IRS Agent
    Business

    Nigeria Drops Charges Against Tigran Gambaryan, Jailed Binance Exec and Former IRS Agent

    News RoomBy News RoomOctober 24, 20242 Mins Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    For eight months, the criminal investigator who pioneered cryptocurrency tracing as a law enforcement technique has, in a bizarre twist of fate, been jailed in Nigeria facing charges of money laundering and tax evasion. Now he may finally be coming home.

    On Wednesday in Abuja, a court ruled that criminal charges against Gambaryan, a Binance executive who previously served as an IRS criminal investigator for a decade, will be dropped on medical grounds as pressure from the US government has grown to secure Gambaryan’s release.

    Gambaryan was detained in February and later jailed after being invited to the country by Nigerian officials to discuss a dispute between the Nigerian government and Binance over its history of money laundering and the exchange’s alleged role in devaluing the Nigerian national currency. He’s since been held in the country’s Kuje prison, where, according to his family and his attorneys, he’s suffered acutely from a herniated disc in his spine that requires immediate surgery.

    Despite the Nigerian court’s decision to drop the charges against Gambaryan, first reported by Bloomberg News, Gambaryan is still in Nigeria and was returned to jail after the ruling, according to Patrick Hillman, a former Binance executive and colleague of Gambaryan’s who has been involved with the lobbying effort to free him. “We’re all kind of waiting right now to hear that he’s on a plane, airborne, and headed home,” Hillman says. “Until we have verification of that, we’re all just clutching our shirt collars and waiting to make sure there are no other hiccups.”

    A spokesperson for Gambaryan’s family declined to comment, and Binance didn’t immediately respond to a request for comment. The country’s criminal case against Binance, despite Gambaryan’s release, will continue, according to Reuters.

    International pressure has steadily grown on Nigeria to release Gambaryan, whose health has visibly declined during his time in jail. In July, he attended a court hearing in a wheelchair. In September, a video captured him limping into court on a single crutch, pleading in vain for help from a Nigerian security guard.

    Meanwhile, 16 members of Congress signed a letter to the White House calling for Gambaryan’s case to be treated as a hostage situation. A resolution advanced in the House Foreign Affairs Committee called on the US to push for his release. Most recently, a group of state attorneys general similarly called on the White House to apply the necessary leverage to free Gambaryan.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleUK Considers New Smartphone Bans for Children
    Next Article How to Fly With Only a Personal Item

    Related Posts

    The Real Demon Inside ChatGPT

    July 29, 2025

    Programmers Aren’t So Humble Anymore—Maybe Because Nobody Codes in Perl

    July 29, 2025

    60 Italian Mayors Want to Be the Unlikely Solution to Self-Driving Cars in Europe

    July 29, 2025

    Tesla Readies a Taxi Service in San Francisco—but Not With Robotaxis

    July 29, 2025

    Trump’s Anti-Bias AI Order Is Just More Bias

    July 28, 2025

    Cursor’s New Bugbot Is Designed to Save Vibe Coders From Themselves

    July 26, 2025
    Our Picks

    Lovense was told its sex toy app leaked users’ emails and didn’t fix it

    July 29, 2025

    LG’s StanbyMe 2 is an unquestionably cool TV at a questionably high price

    July 29, 2025

    The chaos and confusion of Itch and Steam’s abrupt adult game ban

    July 29, 2025

    Sony’s DualSense Edge is $30 off for a limited time

    July 29, 2025
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Business

    The Real Demon Inside ChatGPT

    By News RoomJuly 29, 2025

    But perhaps the most convincing piece of evidence suggesting that ChatGPT regurgitated the language of…

    The Hunt for a Fundamental Theory of Quantum Gravity

    July 29, 2025

    YouTube will identify and restrict minors’ accounts with AI

    July 29, 2025

    South Korea Plans to Build a Base on the Moon

    July 29, 2025
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.