A new resolution from Republican lawmakers would have the U.S. House of Representatives formally urge the federal government to designate imprisoned Binance executive and former IRS agent Tigran Gambaryan as wrongfully detained and demand his immediate release from the Nigerian government.
Binance Exec Freedom Bill : Resolution for Immediate Release
Reps. French Hill, R-Ark., and Rich McCormick, R-Ga., presented H.Res. 1348 on Thursday, calling on Nigeria to provide Gambaryan with medical access and due process. Hill, who visited Gambaryan at Kuje Prison in Nigeria, expressed concern over the lack of proper medical care and legal process. The Binance Exec Freedom Bill would also urge the U.S. government to “utilize all resources” to secure Gambaryan’s release and declare him wrongfully detained by a foreign government.
Statements from Lawmakers
McCormick stated on Thursday that Gambaryan’s continued detention is “a clear violation of his rights and a grave injustice.” The resolution reflects growing pressure from U.S. lawmakers to address Gambaryan’s plight, emphasizing the need for immediate action.
Binance Exec Freedom Bill : Support from Former Colleagues
Lawmakers, ex-federal prosecutors, and law enforcement agents have previously sent letters to the White House and State Department, urging the U.S. government to intervene. They argue that Nigerian authorities are wrongfully holding the crypto exchange’s head of financial crimes compliance for tax evasion and money laundering as a stand-in for alleged violations by his employer. Gambaryan, who spent a decade with the IRS investigating cases related to child pornography, terrorism financing, and darknet marketplaces, is considered a high-profile figure in financial crime compliance.
Binance’s Continued Efforts
Binance has stated in multiple statements that it continues to seek Gambaryan’s release and negotiate with the Nigerian government. The company’s efforts highlight the international dimensions of the case and the significant impact of the Binance Exec Freedom Bill.
