How Two Allies Wrestled Over a Crypto Giant and a Prisoner

Published On Oct 24, 2024, 9:37 AM

Tigran Gambaryan, a compliance officer for the cryptocurrency firm Binance, has been released after being detained in Nigeria for eight months on money-laundering charges. His release followed intense diplomatic efforts from the United States to secure his freedom. In exchange, the U.S. has proposed an improved partnership with Nigeria, particularly focusing on cybersecurity and cooperation against cryptocurrency-related issues, amid Nigeria's rising concerns regarding the economic impact of cryptocurrencies.