Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than 600 information requests from Nigerian authorities.
Gambaryan Hired to Assist Binance with Past Compliance Issues
Tigran Gambaryan, an employee of Binance who has been detained by Nigerian authorities for more than a month, is a “strict law enforcement professional” who is not part of management,” the crypto exchange said. Binance also states that Gambaryan does not have decision-making power and should therefore be released, even as discussions between Binance and the Nigerian government continue.
In its first statement directly addressing the situation of the detained employee, Binance said Gambaryan, a U.S. federal agent, was hired to help the crypto exchange address past compliance issues. As head of Binance’s Financial Crime Compliance (FCC) team, Gambaryan played a key role in pushing the crypto exchange to develop policies and build compliance capabilities.