Binance executive Tigran Gambaryan has been denied bail “despite him meeting all the requirements for bail to be granted on medical grounds,” a family spokesperson told Decrypt.

Gambaryan has “suffered countless health scares and is now at a point where he is in so much physical pain from a herniated disc in his back that he can no longer walk without assistance,” the spokesperson said.

Reports about the executive’s failing health have been public for months now. In July, Nigerian officials claimed that he was “fine” a few weeks before a report from his wife countered by saying he was in “shockingly bad” condition and in need of specialized, high-risk surgery.

Gambaryan’s detention began in February after he and another executive flew in to negotiate with the nation’s authorities regarding a ban on several crypto trading websites, including Binance, Coinbase, and Kraken.

Gambaryan, who oversees the company’s financial crime compliance, was initially detained with fellow executive Nadeem Anjarwalla. They’d been asked to meet with the country’s Congress in response to allegations from the Empowerment for Unemployed Youths and Niger Delta Youths Council, which

Go to Source to See Full Article
Author: Stacy Elliott