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Before yesterdayNYT: Technology

Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe Request

A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.

Β© Abraham Achirga/Reuters

Tigran Gambaryan, right, a Binance employee, in a Nigerian courtroom on April 4. He was jailed during a trip to Nigeria in February.

How a Crypto Compliance Officer Ended Up in a Nigerian Prison

Tigran Gambaryan, an American compliance official for the giant cryptocurrency exchange Binance, flew to Nigeria in February for a planned two-day business trip. He hasn’t returned.

Β© Abraham Achirga/Reuters

Tigran Gambaryan, an executive for the crypto exchange Binance, talking to lawyers last week as he waits to face prosecution at a court in Abuja, Nigeria.
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