Binance’s former crime compliance lead steps down after detention in Nigeria
- Tigran Gambaryan announced his resignation from Binance on June 6, 2024.
- He built and led Binance’s first global investigations function, expanding it to over 100 professionals.
- Gambaryan was detained in Nigeria in February 2024, facing accusations of money laundering and tax evasion.
Gambaryan's resignation signals a critical juncture for Binance as it navigates a complex regulatory landscape. The challenges faced in Nigeria exemplify the difficulties that crypto companies encounter in emerging markets, where compliance and legal frameworks are still evolving. This situation raises questions about the future of cryptocurrency operations in Africa and the potential for increased regulatory oversight.
