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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/biden-thanks-nigeria-for-releasing-binance-executive/" data-wpel-link="internal">Biden Thanks Nigeria for Releasing Binance Executive</a> 
As November approaches, the new President of the United States will soon be revealed. Kamala Harris has emerged as the candidate instead of Biden, while Trump is fighting from the opposing camp. If the Republican presidential candidate wins, <a href="https://en.coin-turk.com/turkish-cryptocurrency-user-report-for-2023-q1/" data-wpel-link="internal">cryptocurrencies</a> will likely enjoy a favorable environment. However, Biden has also displayed some subtle actions, such as thanking the Nigerian President for the release of the <a href="https://en.coin-turk.com/us-regulatory-shake-up-in-crypto-sector-impact-and-response-from-binance-and-coinbase/" data-wpel-link="internal">Binance</a> executive. 
<h2 style="text-align: justify" id="nigeria-and-binance">Nigeria and Binance</h2> 
The Binance executive has faced significant challenges, having been virtually tortured by the U.S. government for months. Tigran Gambaryan was arrested in Nigeria for being a Binance executive and was unjustly detained for various alleged crimes, including money laundering. 
Local officials had blamed the fluctuations in the local currency on Binance, demanding billions of dollars in payments from the exchange. They claimed that the heavy use of the platform by citizens was damaging the country’s economy. However, Binance refused to comply with such demands. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-401753 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/Binance-yoneticisi.png" alt="" width="392" height="418"> 
Subsequently, Tigran was arrested. Despite being sick and innocent, authorities continued to detain him, ignoring the risk of permanent harm. We frequently shared statements from his wife and Binance officials regarding his situation. 
<h2 style="text-align: justify" id="biden-expressed-gratitude">Biden Expressed Gratitude</h2> 
Last week, the Binance executive was released. Nigeria took necessary action to avoid the potential risk of sanctions from Congress. President Biden thanked Nigeria’s Bola Tinubu during a phone call regarding Tigran Gambaryan’s release. 
<blockquote> 
 “President Biden expressed condolences for the recent flooding in northeastern Nigeria and appreciated President Tinubu’s leadership in securing the humanitarian release of Tigran Gambaryan, an American citizen and former U.S. law enforcement officer.” 
</blockquote> 
Gambaryan, who previously worked for the IRS, had been transferred to lead financial crime compliance for Binance. Six days ago, charges against him were dropped after he suffered from malaria and pneumonia while in custody. 
Additionally, Bitcoin recently surged to $73,620. The price, which retreated from its all-time high of $73,777, may reach new record levels in the coming hours. 
The post <a href="https://en.coin-turk.com/biden-thanks-nigeria-for-releasing-binance-executive/" data-wpel-link="internal">Biden Thanks Nigeria for Releasing Binance Executive</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Biden Thanks Nigeria for Releasing Binance Executive

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