Binance CEO Richard Teng has been vocal about the detention of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, in Nigeria, describing it as setting a 'dangerous precedent' for global businesses. This situation unfolded after Gambaryan and Anjarwalla were invited to Nigeria for discussions and subsequently detained. Teng's concerns are compounded by allegations that Nigerian officials sought secret crypto settlements to resolve accusations against Binance, including a $150M crypto bribe request. These developments occur amidst Binance's ongoing engagement with Nigerian authorities over potential historical tax liabilities. Additionally, Changpeng Zhao, Binance's founder, has been sentenced to four months in jail for anti-money laundering violations, a sentence mitigated by his cooperation with prosecutors.
Binance says it was asked for a large payment in Nigeria to make problems there "go away" https://t.co/rMcDDarXCU
Binance says it was asked for a large payment in Nigeria to make problems there "go away" https://t.co/G7eQoAVLgE
Binance says it was asked for a large payment in Nigeria to make problems there "go away" https://t.co/4kDHnv7obY
Binance CEO Demands Release of Employee Detained in Nigeria â–º https://t.co/uUN06ykav4 https://t.co/uUN06ykav4
BINANCE CEO CLAIMS NIGERIAN OFFICIALS HAVE SOUGHT SECRET CRYPTO SETTLEMENTS - Binance CEO Richard Teng claims that unknown Nigerian officials attempted to pressure the cryptocurrency exchange into settling serious allegations with secret crypto payments. - This unsettling… https://t.co/jrjeR8zjo3 https://t.co/ZTtVkNeX9g
Sources and messages: Binance compliance officer Tigran Gambaryan told executives and Nigerian contacts of a $150M crypto bribe request, prior to his arrest (New York Times) https://t.co/VS7K46UovD 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/hF695GOJm0
🚨JUST IN: UNKNOWN NIGERIAN OFFICIALS APPROACHED BINANCE EMPLOYEES AND SUGGESTED SETTLING ALLEGATIONS WITH CRYPTO PAYMENTS, BINANCE CEO, RICHARD TENG CLAIMS
UPDATE: The detention of Tigran Gambaryan and Nadeem Anjarwalla after being invited for talks in Nigeria sets "a dangerous new precedent for all companies worldwide," @binance CEO @_RichardTeng wrote. By @amitoj and @sheldonreback. https://t.co/w468mZjpcM
Binance CEO calls for release of colleague detained in Nigeria https://t.co/9J4YMI0vVz
Nigeria sets dangerous precedent by detaining Binance execs, CEO says https://t.co/1vuThsy8IX https://t.co/LREz1TXlu1
BREAKING: Binance CEO Richard Teng decries ‘deeply distressing ordeal’ for jailed exec in Nigeria https://t.co/r9vKl4yCrz
Binance CEO Richard Teng says the Nigerian government has made a "dangerous precedent" for all companies worldwide following the detention of the exchange's two employees https://t.co/gDmSaCR2km
.@binance CEO @_RichardTeng reiterated his demand for Nigeria to release "beloved colleague" Tigran Gambaryan, saying the executive's detention sets a "dangerous new precedent." @sheldonreback reports. https://t.co/0LKChsyZrd
*BINANCE CEO PUBLICLY CLAIMS COLLEAGUE TIGRAN GAMBARYAN 'IS INNOCENT AND MUST BE RELEASED' - THE BLOCK PRO
BINANCE CEO: IT'S TIME TO SPEAK OUT ABOUT THIS ISSUE ON BEHALF OF GLOBAL BUSINESS COMMUNITY
BINANCE WILL CONTINUE ENGAGING NIGERIAN TAX AGENCY ON RESOLVING POTENTIAL HISTORIC TAX LIABILITIES -CEO
Binance founder Changpeng Zhao's willingness to cooperate and accept responsibility in court for the crypto exchange's anti-money laundering violations helped the former CEO land a deal with prosecutors that got him a relatively short prison sentence. https://t.co/DtkJRJpypp https://t.co/n4WhsDrzPT
A jailed Binance exec, a $35m money laundering case, and an Interpol manhunt — how Nigeria’s crypto crisis unfolded https://t.co/XkdKUjusiI
Binance founder receives four-month jail sentence as regulatory efforts endure, Bitcoin faces a rollercoaster ride amid outflows from spot Bitcoin ETFs https://t.co/diwvVhE5Ds