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Tigran Gambaryan, a top executive at Binance, has taken legal action against the Office of the National Security Adviser and the Economic and Financial Crimes Commission in Nigeria.Gambaryan’s lawyer, T.J. Krukrubo SAN, presented the case before the Federal High Court in Abuja, revealing that his client’s detention is being used by the Nigerian government as leverage to extract demands from Binance.
Following the meeting, Nigerian authorities detained both Gambaryan and Anjarwalla. Gambaryan has been in custody ever since, while Anjarwalla managed to The court documents reveal Gambaryan’s argument that Binance has a history of cooperating with Nigerian law enforcement, having responded to over 600 requests for information since 2020, leading to significant seizures and recoveries. Despite this cooperation, Gambaryan argues that his continued detention violates his fundamental rights, as guaranteed by the Nigerian Constitution.
During the court proceedings, Krukrubo informed Justice Inyang Ekwo that the respondents, NSA and EFCC, were yet to respond to the application. Consequently, the judge agreed to adjourn the case to April 8, allowing the respondents time to address the allegations.on cryptocurrency exchanges in Nigeria. Following accusations of influencing foreign exchange rates, the Nigerian government has imposed stricter regulations on crypto trading platforms.
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