Binance Exec Escapes Detention in Nigeria, More Trouble for Binance?

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Binance Exec Escapes Detention in Nigeria, More Trouble for Binance?
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Binance executive escapes Nigerian detention, destination unknown

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The Binance executives flew into Abuja in February to resolve claims by the country’s anti-graft agency concerning currency manipulations and other charges. Since they entered the country on Feb. 26, both Anjarwalla and Gambaryan have been held in custody with no confirmation that they will be released any time soon.

Despite no personal charges levied on them, both Binance executives appeared in Court on March 19. A federal Judge is yet to rule on the request from the Economic and Financial Crimes Commission seeking an extended detention.Escaping detention is a daring move that is uncommon in the crypto ecosystem. This escape might further complicate the tense situation between Binance and Nigerian authorities.

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