Tigran Gambaryan Free to Leave Nigeria for Medical Treatment After Money Laundering Charges Dropped: Reports

  • A local news outlet reported the money laundering charges against Tigran Gambaryan have been dropped by the government.
  • The charges were dropped to allow him to seek medical treatment abroad, another report said.
  • The government's charges against Binance itself remain.

Nigeria's government has withdrawn the money laundering charges against Binance executive Tigran Gambaryan days after denying him bail, local news outlet Punch reported first on Wednesday.

Reuters reported that the government did so to allow Gambaryan to seek medical treatment abroad, citing the "government's lawyer" who also said the Nigeria would continue the money laundering case against Binance without Gambaryan.

Gambaryan, Binance's head of financial crime compliance, has been detained in Nigeria since February, when he came to the nation at the invitation of the government to discuss issues related to the company.

During his time in prison Gambaryan developed malaria, pneumonia, and tonsillitis and suffers from complications tied to a herniated disc in his back, which left him in need of a wheelchair – though in a video from his last court appearance, Gambaryan did not have a wheelchair and instead had to struggle on a single crutch.

The Gambaryan family, Binance and Nigeria's Economic and Financial Crimes Commission did not immediately respond to a CoinDesk request for comment.