The trial of Tigran Gambaryan, a top compliance executive at Binance, hit another snag as illness kept him from appearing in court, forcing a Nigerian judge to postpone proceedings until October 25.
Gambaryan, a U.S. citizen, has been held in detention since February on charges of laundering over $35 million—a claim both he and Binance firmly deny. Despite his deteriorating health, a recent plea for bail was rejected, with the court citing the prison’s capacity to handle his medical needs. Gambaryan had argued he required surgery beyond the facility’s capabilities.
His wife, Yuki, has publicly voiced concern, warning that his condition could lead to lasting physical damage and impact his mobility. She has vowed to keep pushing for his release.
The situation unfolds as Binance finds itself in additional hot water over allegations of tax evasion. The exchange ceased operations involving Nigeria’s naira earlier this year following a regulatory crackdown, which targeted crypto platforms accused of fueling an underground currency market.
