The U.S. House of Representatives has introduced a resolution calling on the U.S. government to take immediate action to secure the release of Tigran Gambaryan, a former federal agent and current Binance employee who has been detained in Nigeria since February.
The resolution, filed July 11 by Reps. Rich McCormick and French Hill, D-Calif., highlights Gambaryan’s contributions in recovering more than $4 billion in illicit funds during his tenure as a federal agent.
Review of the incident
On February 26, Tigran Gambaryan visited Nigeria to participate in a high-level meeting. The meeting focused on the compliance issues of Binance in Nigeria. At that time, Nigeria is currently facing a challenge that the widespread adoption of cryptocurrencies through peer-to-peer markets has had an impact on the local fiat currency, which is believed to be an indirect cause of the sharp depreciation of the naira.