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Biden Commends Nigeria for Release of Binance Executive

President Biden thanked Nigerian President Tinubu for facilitating the humanitarian release of Tigran Gambaryan after eight months in detention.

Overview

  • Binance executive Tigran Gambaryan, a U.S. citizen, was released from Nigerian custody last week after charges of money laundering were dropped.
  • Gambaryan's detention drew significant diplomatic attention, with U.S. officials, including members of Congress, advocating for his release due to health concerns.
  • The U.S. and Nigeria have established a Bilateral Liaison Group on Illicit Finance and Cryptocurrencies to enhance cooperation on law enforcement issues.
  • During their call, President Biden expressed appreciation for Nigeria's collaboration on global challenges and advancing security and prosperity.
  • Gambaryan's health reportedly deteriorated during his incarceration, suffering from conditions such as malaria and a herniated disk.