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Shocking Video of Imprisoned Binance Exec Sparks Demand for Release

Key Takeaways

  • A video exposing the harsh treatment of Binance executive Tigran Gambaryan in a Nigerian prison has ignited widespread outrage and calls for his release;
  • In the video, Gambaryan is shown struggling to walk and forced to use only a single crutch;
  • His legal team has submitted a new bail request citing his worsening condition, which Nigeria's EFCC opposes, arguing that his health is not as critical as claimed.
Shocking Video of Imprisoned Binance Exec Sparks Demand for Release

A video that recently came to light has sparked outrage over the severe treatment of Tigran Gambaryan, head of financial crime compliance at Binance, who is currently imprisoned in Nigeria.

The footage has intensified calls for his release as his health continues to worsen.

Gambaryan appeared in court on September 2, and soon after, a video surfaced showing Gambaryan struggling to move and asking the guard for a wheelchair, only to be ignored and forced to walk without proper support.

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Binance CEO Richard Teng reposted the video on X, describing the treatment of Gambaryan as "inhumane" and urging that he be released for medical treatment.

His legal team has recently filed a new bail motion, emphasizing the need for his release due to his deteriorating health. However, despite the defense presenting medical records indicating Gambaryan requires urgent surgery, representatives of Nigeria's Economic and Financial Crimes Commission (EFCC) argued that his health condition was not as severe as claimed.

The court is scheduled to review the bail request on September 4.

Family members of the detained executive have voiced their alarm over his deteriorating health, highlighting in a statement:

He is no longer able to walk from the pain of his untreated herniated disc or spinal injury. The prison is also refusing to provide him with a wheelchair.

Gambaryan has been detained since February 2024 over allegations of financial misconduct involving $34 million linked to Binance's operations in Nigeria.

The situation has sparked action from supporters and human rights advocates, who are urging immediate intervention to protect Gambaryan from further harm.

Gode S. , Web3 Market Analyst
Gode is a Web3 Market Analyst who researches the most important industry events and interprets how they affect the wider Web3 space. Her formal education in media culture & digital rhetoric allows her to employ a methodical approach to evaluating critical Web3 news data, including large-scale events and the wider social sentiment within the ecosystem.
Gode is a mutilingual professional, having studied in multiple universities all across Europe. This allows her to have a one-of-a-kind opportunity to analyze Web3 social sentiments spanning different cultures and languages and, in turn, develop a much deeper understanding of how the Web3 space is growing within different communities. With the rest of her team, Gode works to identify crucial crypto news patterns and provide unbiased and data-driven information.
Gode’s passions include working and communicating with people, and when she’s not researching Web3 news, she spends her time traveling and watching true crime documentaries.

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