Crypto Times Logo Black
Google News Follow Banner
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • DeFi News
    • Blockchain News
    • Industry
  • Exclusive
  • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Podcasts
  • More
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
The Crypto TimesThe Crypto Times
  • All News
  • Market
  • Bitcoin
  • Ethereum
  • Altcoins
  • Regulations & Policies
  • Blockchain
  • DeFi
  • Industry
  • Exclusive
  • Opinion
Search
  • News
    • Market
    • Bitcoin
    • Ethereum
    • Altcoins
    • Regulations & Policies
    • Blockchain
    • DeFi
    • Industry
    • Exclusive
    • Opinion
  • Learn
    • Explained
    • How To
    • Insights
  • Quick Links
    • About Us
    • Our Authors
    • Contact Us
    • Editorial Policy
    • AI Policy
    • Sponsored & Advertorial Policy
  • Podcasts
Follow US
© 2026 By Crypto Times. All Rights Reserved.
Market News

Treated like a caged animal in Nigeria, family suffered: Binance’s Tigran  

Written By:
Shruti Lakhlani

Reviewed By:
Vaibhav Jha

Last updated: February 15, 2025 5:41 PM
Published February 15, 2025 5:41 PM
Share
Last updated: February 15, 2025 5:41 PM
Published February 15, 2025 5:41 PM
Binance executive Tigran Gambaryan has claimed that he was treated like an animal in Nigeria.

A few months ago, a hazy video emerged from a courtroom in Nigeria, that shocked the world. Binance executive and US citizen Tigran Gambaryan, who was jailed in Nigeria for over eight months, was being dragged to court by a security official, as he limped his way, using a crutch for support. Quite frustrated over the inhumane ordeal, Tigran yells out in the video, “This is so fuc**d up.”

Now, months later, after Tigran managed to secure bail on health grounds and flew his way to home in the United States from a Nigerian jail, he has finally started opening up about his experience in the prison for eight months. Tigran was serving as Binance executive in Africa when he was first invited to Nigeria for a meeting with government officials and later arrested on money laundering and tax evasion charges.

Tigran has accused the Nigerian government and officers of DSS (security services of Nigeria) of trying to extort $150 million from Binance by making him a scapegoat. Meanwhile, Nigeria has dropped money laundering charges against Tigran but have maintained that Binance has conducted unreported crypto transactions worth $26 billion from Nigeria.

In a heart-wrenching statement on X (formerly Twitter), Gambaryan recounted his painful ordeal during his 214-day detention in Nigeria. Gambaryan, a U.S. citizen and former Head of Financial Crime Compliance at Binance, expressed deep emotional distress about the suffering his imprisonment caused his family.

Many requested that I stay on and provide further commentary on the issues I posted about yesterday. Here’s the hard truth: what I shared was meant to fill in the gaps left by Wired and NPR’s reporting.

The reality is that last year was incredibly painful for me and my family. I…

— Tigran Gambaryan (@TigranGambaryan) February 15, 2025

Gambaryan revealed how his wrongful detention, based on dubious charges of financial irregularities related to Binance’s operations, severely impacted his family’s well-being. He shared how videos of his mother and wife in tears, along with his own struggles in custody, added to the pain. In a candid post, he urged to put this nightmare behind him and emphasized how difficult it was to endure seeing his loved ones suffer.

On September 2, 2024, a viral video showed Gambaryan limping toward a court hearing, visibly in pain, yelling at Nigerian officials. “This is so fu***d up!” he screamed, expressing frustration at the harsh treatment and lack of assistance. Despite his deteriorating health, including a need for urgent surgery for a herniated disc, Gambaryan’s bail was contested, and his medical records were delayed.

His case suffered from political and legal complications due to the Nigerian Economic and Financial Crimes Commission which downplayed the seriousness of his medical state. The extended court proceedings create ongoing distress which affects Gambaryan as well as all members of his family who face psychological harm because of his unfair judicial process.

Also Read: The indefinite jail of Binance Executive in Nigeria is not due process

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

Follow The Crypto Times on Google News to Stay Updated!      Google News
Google News Banner

TAGGED:BinanceNigeria
Share This Article
Whatsapp Whatsapp LinkedIn Telegram Copy Link
Shruti Lakhlani- Crypto Journalist at The Crypto Times
By Shruti Lakhlani
Follow:
Shruti Lakhlani is a Crypto Journalist with over 5 years of experience in media and digital content. She specializes in covering the latest developments in the cryptocurrency industry, including major updates in the U.S. markets and global regulatory policies.
Vaibhav Jha - Former Editor In The Crypto Times
By Vaibhav Jha
Vaibhav Jha is an Editor and Content Head at The Crypto Times. He comes on board with a vast array of experience working as a journalist for leading national and international English newspapers. He has a penchant for research and storytelling is his forte. When not working, Vaibhav can be found watching Hindi classic movies or listening to 90's music.

Latest News

Michael Saylor’s U-Turn Why Strategy May Finally Sell Bitcoin After $12.5B Loss
Michael Saylor’s U-Turn? Why Strategy May Finally Sell Bitcoin After $12.5B Loss
Crypto Funds See $117.8M Inflows as Friday Surge Reverses Weekly Losses
Crypto Funds See $117.8M Inflows as Friday Surge Reverses Weekly Losses
Prediction Market Fight May Reach Supreme Court CFTC Chair Selig
Prediction Market Fight May Reach Supreme Court: CFTC Chair Selig
Anchorage Bets Big on AI Economy With New Banking Model
Anchorage Bets Big on AI Economy With New Banking Model
Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria
Tapnob Rolls Out Crypto-to-Naira Payment Platform in Nigeria

Find Us on Socials

You may also like

Crypto Market Today Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Crypto Market Today: Utya, Dogs, LAB Top Gainers as Bitcoin Reclaims $81K

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

Rep. Horsford Says Crypto Tax Bill Is Foundation as CLARITY Stalls

Just 0.1% of Polymarket accounts captured 67% of all profits WSJ

Just 0.1% of Polymarket accounts captured 67% of all profits: WSJ

XRP Whale Outflow Dominance Hits Highest Reading Since 2024

XRP Whale Outflow Dominance Hits Highest Reading Since 2024, 91.4% on Binance

The Crypto Times Logo PNG

Providing real-time, accurate Crypto reporting. Your trusted source for Crypto News and Research.

Stay Updated

All News
Exclusive
Opinions
Learn
Podcasts

Company

About Us
Our Authors
Editorial Policy
AI Policy
Advertorial Policy

Get In Touch

Contact Us
Career

Find Us on Socials

X-twitter Linkedin Telegram Youtube Instagram

© 2026 The Crypto Times | A BITROCK TECHNOLOGIES L.L.C. Company.

DMCA.com Protection Status
  • Terms and Conditions
  • Disclaimer
  • Privacy Policy
  • Cookie policy
Do Not Sell or Share My Personal Information