Tigran Gambaryan’s account of his detention in Nigeria highlights a complex and troubling situation involving alleged corruption, illegal detention, and manipulation of cryptocurrency data. Gambaryan’s social media post paints a picture of a coordinated effort by Nigerian officials to extract a substantial bribe, manipulate the narrative around Binance’s activities, and use illegal means to hold individuals captive.
The demands for the bribe of $150 million in cryptocurrency, the use of fake cameras to stage a meeting, and the false accusations of money laundering paint a grim picture of Nigeria’s alleged actions in relation to Binance. Gambaryan also disputes claims about $26 billion being funneled through Binance, clarifying that this figure represented cumulative trade data and wasn’t indicative of funds leaving the country.
His account also touches on the manipulation of international relations, with false letters sent to embassies, and an attempt to use Binance’s data to target political opposition, all while failing to acknowledge the actual causes behind the country’s financial troubles.
It seems like a case of deep political and financial tension, with Binance caught in the middle of a battle between local officials, international law, and economic policy. The withdrawal of charges against Gambaryan in late 2024 suggests that the situation may have cooled, but his story serves as a reminder of the complex and sometimes questionable interactions between businesses and governments.
What do you think about the entire ordeal? It’s clear this has some larger political and economic ramifications for both Binance and Nigeria.
