However, the two executives, Gambaryan and Anjarwalla, continue to be named as defendants in the money laundering case filed by the Economic and Financial Crimes Commission (EFCC). This situation attracts the attention of people who claim that both executives are innocent and defend them. Binance is trying to convince Nigerian officials that Gambaryan does not have decision-making authority at the company and therefore should not have to represent the company in court. This effort underscores the need for Gambaryan to be released.

In February, Gambaryan and Anjarwalla were detained during Nigeria’s investigation of the Binance exchange. This detention had a shocking effect on the cryptocurrency industry. Anjarwalla escaped soon after and disappeared. Nigeria later sued the executives and Binance on charges of money laundering and tax evasion. These cases were considered an important legal process in the cryptocurrency world and were followed closely.

“This shows that Tigran and Nadeem are not decision makers at Binance and should never have been detained and charged,” the family spokesperson said in an email statement sent Friday. Gambaryan served as head of financial crimes compliance at Binance, while Anjarwalla worked as a director for the company’s African operations. These positions make it clear that neither executive has direct decision-making authority in the company’s day-to-day operations.

The next hearing in the money laundering case is scheduled for June 19, “where an application for an order to enforce fundamental rights will be heard.” This hearing will be closely watched by both the local and international legal community. The trial is expected to continue on June 20, and will take place while Gambaryan is still being held in Kuje prison.

“We hope that the Economic and Financial Crimes Commission (EFCC) will take similar steps so that Tigran is allowed to return to his family,” a Binance spokesperson said. This statement also included information that Gambaryan had been in custody for 110 days and that his physical health had deteriorated and that he had recently been diagnosed with malaria and pneumonia. Binance is committed to continuing to work with the Nigerian government to resolve this situation and protect Gambaryan’s health.

According to the statement made by the family spokesman, on May 23, Gambaryan fainted in court due to malaria. This incident revealed that Gambaryan’s health condition had seriously deteriorated. Since then, “conditions have worsened and Tigran now has pneumonia.” Despite Judge Emeka Nwite’s order to take the administrator to hospital, prison authorities waited 11 days to take him to hospital for a brief check-up, the results of which have not yet been disclosed to his family.

Tigran’s wife, Yuki Gambaryan, said in her statement: “The US government needs to intervene more strongly to ensure the immediate release of an innocent American citizen.” “This has taken too long and Tigran’s life is in danger.” These words call on the international community, and especially the US government, to take action to release Gambaryan.