PANews reported on October 24 that Richard Teng, CEO of Binance, wrote on the X platform: "We are deeply relieved and grateful that Tigran Gambaryan was finally released after being detained in Nigeria for nearly eight months. During this difficult period, Tigran showed great strength, and we commend his tenacity in such severe adversity. We are very grateful to all those who have devoted countless hours to support Tigran's release. Tigran's health and well-being remain our top priority, and we are glad that he can now get the medical treatment and rest he desperately needs with his family. Binance remains committed to working with global regulators to ensure compliance and transparency in the evolving digital asset field. We are eager to put this incident behind us and continue to work hard to create a brighter future for the global blockchain industry. Nigeria has a young, tech-savvy population, a strong interest in digital finance, and is fully capable of using blockchain technology to address economic and social challenges. We look forward to playing a constructive role in this effort."
Earlier yesterday, it was reported that the Nigerian government dropped the charges against Binance executive Tigran Gambaryan .
