Tigran Gambaryan, a Binance executive, has been detained in Nigeria since February and faces another delay in his bail hearing, which has been pushed to October 9th. Gambaryan was initially charged with tax evasion and money laundering, and his family has reported that his health has been deteriorating while in Nigerian custody. Gambaryan's attorneys have filed a motion for him to be released on bail, citing the lack of concern and treatment for his reported health problems in the Nigerian prison.

As a US citizen and former IRS special agent, many lawmakers and crypto industry leaders have called for Gambaryan's immediate release, claiming he has been unjustly detained. A petition launched by his wife to bring him back to the US has garnered over 5,400 signatures as of the time of publication.

The delay in Gambaryan's bail hearing adds to the uncertainty surrounding his case, which has drawn significant attention from the crypto community. The situation highlights the challenges that executives in the industry can face when operating in certain jurisdictions, and the importance of ensuring fair and transparent legal proceedings for all.

Source: https://cointelegraph.com/news/nigeria-judge-binance-bail-hearing

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