Binance Executive Tigran Gambaryan Resigns After an Eight-Month Detention in Nigeria

His resignation comes after facing a money laundering and tax evasion charges in Nigeria.
Temmy Samuel
Binance Executive Tigran Gambaryan Resigns After an Eight-Month Detention in Nigeria
The popular Binance Executive during the Nigeria-Binance war, Tigran Gambaryan, has resigned from the World largest crypto exchange company, following his release from an eight-month detention in Nigeria. He made this decision public via a LinkedIn post on June 8, 2025. Tigran Gambaryan is now the former Binance’s Head of Financial Crime Compliance and a former U.S. Internal Revenue Service (IRS) special agent. His resignation comes after facing a money laundering and tax evasion charges in Nigeria. The harrowing ordeal started in February 2024, when he and Binance’s Africa Regional Manager, Nadeem Anjarwalla, were held in Nigeria during a business visit to negotiate the platform’s activities with local authorities. The authorities blamed Binance manipulating their currency through facilitating currency speculation on its crypto platform. In addition, they also accused Binance of illicit financial activities. The authorities said all these unlawful acts further exacerbated the naira’s de…

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Temmy Samuel
He is a seasoned journalist with extensive experience in consumer tech, economy, finance, business, money and politics. Currently chasing a BSc degree in Accounting.

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