Richard Teng, CEO of Binance, took to the X platform to express his relief and gratitude following the release of Binance employee Tigran Gambaryan from detention in Nigeria. Gambaryan had been held in Kuje prison for nearly eight months, facing charges that were dropped earlier this week by Nigerian authorities.

Teng praised Gambaryan’s resilience during this difficult period and thanked those who worked tirelessly to secure his release. He emphasized that Tigran’s health and well-being are the company's primary concerns and that he can now receive the medical attention and rest he needs.
Binance remains committed to working with regulators worldwide to ensure compliance and transparency in the rapidly evolving digital asset industry. Teng highlighted the potential for Nigeria, with its tech-savvy population and growing interest in digital finance, to leverage blockchain technology for economic and social progress. Binance is eager to contribute constructively to this future, Teng added.