By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
GPTTradeAssist.comGPTTradeAssist.com
  • Home
  • AI Advisor
  • Strategy Builder
  • RSI Strategy
  • Pinescript
  • Spreadsheet
  • Bot Builders
    • Binance Bot
    • TradeStation Bot
    • MultiCharts Bot
  • Blog
Reading: US Lawmakers Urge For Release Of Exec
Sign In
Aa
Aa
GPTTradeAssist.comGPTTradeAssist.com
  • Home
  • AI Advisor
  • Strategy Builder
  • RSI Strategy
  • Pinescript
  • Spreadsheet
  • Bot Builders
  • Blog
Search
  • Home
  • AI Advisor
  • Strategy Builder
  • RSI Strategy
  • Pinescript
  • Spreadsheet
  • Bot Builders
    • Binance Bot
    • TradeStation Bot
    • MultiCharts Bot
  • Blog
Have an existing account? Sign In
Follow US
© 2023 Chaplin.app. All Rights Reserved.
GPTTradeAssist.com > Blog > US Lawmakers Urge For Release Of Exec
Blog

US Lawmakers Urge For Release Of Exec

Team GTA
Team GTA
Last updated: 2024/06/22 at 5:30 AM
flag nigeria 2, GPTTradeAssist.com

GTP Trade Assist Banner Horizontal, GPTTradeAssist.com

US lawmakers continue to call for the release of the detained Binance executive Tigran Gambaryan. The ongoing saga between the crypto exchange and the Nigerian authorities intensified when several US Congress members sent a letter urging the Biden administration to take action.

Contents
US Lawmakers Continue To Call For ActionBinance Executive’s Condition Remains Critical

This week, two US representatives visited Gamabaryan in prison during their trip to Nigeria. The politicians shared details about the executive’s alarming condition and urged for his “humanitarian release.”

US Lawmakers Continue To Call For Action

On Thursday, US representatives French Hill and Chrissy Houlahan called for the immediate liberation of former federal agent Tigran Gambaryan. Gambaryan was detained, alongside his colleague Nadeem Anjarwalla, by Nigerian authorities on February 26 and was accused of tax evasion and money laundering.

Since then, several politicians and industry leaders have requested the release of the Binance executive. Richard Teng, Binance’s CEO, released an open letter vouching for Gambaryan. Teng stated that the Nigerian authorities were cracking down on a mid-level employee who didn’t visit the country as a decision-maker or a negotiator.

Moreover, he accused authorities of using an innocent employee as a tool against the crypto exchange. Several US Congress members also voiced this sentiment in a letter to President Biden.

On June 4, sixteen House members urged the Biden administration to act “before it’s too late,” arguing that the charges against the executive are “baseless and constitute a coercion tactic by the Nigerian government to extort his employer, Binance.”

The politicians painted a worrying picture of the executive’s health in the letter. Reports of Gambaryan’s health condition appeared after he collapsed in a court hearing on May 22. The executive tested positive for malaria and had allegedly been denied proper medical assistance.

Binance Executive’s Condition Remains Critical

The Binance executive saw a small victory by dropping some charges against him. As reported by Bitcoinist, Nigerian authorities withdrew the tax evasion charges after Binance appointed a local representative to handle the legal dispute against the exchange.

Nonetheless, Gambaryan and Anjarwalla, who escaped from detention in March, still face money laundering charges. As a result, the detained executive remains in custody at the Kuje Prison in Nigeria.

On June 19, US representatives Hill and Houlahan visited the former federal agent on his cell, where they found his condition had worsened.

Representative Hill reveals visit to Kuje prison in Nigeria. Source: Rep. French Hill on X 

Per the post, the politicians visited the country “on a national security visit to talk about America’s support of Nigeria and other countries in West Africa in the fight against terrorism.”

Hill noted that they took the opportunity to advocate for the Binance executive and see the “horrible prison” where he is wrongfully detained. Moreover, the representative detailed they found the executive still suffering from malaria and double pneumonia.

Gambaryan also told the politicians he has lost significant weight and is still being denied access to adequate medical attention despite the court ruling that ordered he be taken to a medical facility for treatment.

Following their visit, Representatives Hill and Houlahan asked that Gambaryan be granted a humanitarian release to ensure his safe return to the US:

Tigran must be immediately granted a humanitarian release, the remaining charges dropped, and he must return home to America where he belongs.

Binance

Binance Coin (BNB) is trading at $583.8 in the three-day chart. Source: BNBUSDT on TradingView 

Featured Image from Unsplash.com, Chart from TradingView.com

GTP Trade Assist Banner Horizontal, GPTTradeAssist.com

Source link

You Might Also Like

MACD, RSI, ADX, Bollinger Bands, and More

EMA Crossover Signal and Higher Timeframe Trend Forex Trading Strategy

NZD/USD gathers strength above 0.5800 as New Zealand exits recession

Strong Selling The Day Before A Fed Day

Bakkt stock tumbles nearly 30% after losing Bank of America and Webull

Team GTA June 22, 2024
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

6ec1b27a 8dfe 4659 9a87 2807feab8de8, GPTTradeAssist.com
Ripple CTO seeks community consensus for XRPL AMM feature adoption
Blog
image3, GPTTradeAssist.com
Why The New ESG Narrative About Bitcoin Will Power The Next Bull Run
Blog
Kazuo Ueda 2 Large, GPTTradeAssist.com
Will continue buying ‘broadly same amount’ of JGB as before
Blog
Xi with Apple iPhone id 24123462 6c15 46b5 9ef9 a3222ed1c39b size975, GPTTradeAssist.com
Former Apple engineer gets prison for stealing information to go work for Chinese startup
Blog
NZDUSD id f3cf882f 7cf7 4564 927f 26e8503c4d82 size975, GPTTradeAssist.com
NZDUSD Technical Analysis – Watch this key support
Blog
SNB AI Winter id a46c2385 ffd5 4ee4 8508 e5780b76c5f4 size975, GPTTradeAssist.com
SNB the main highlight of the agenda in the session ahead
Blog

GPTTradeAssist.comGPTTradeAssist.com
Follow US

© 2023 GPTTradeAssist.com | All rights reserved

  • Home
  • Privacy
  • Terms

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Continue with Google
Lost your password?