The post Concerns Rise Over Binance Executive Tigran Gambaryan’s Health Amid Ongoing Detention in Nigeria: Could Bail Be the Solution? appeared on BitcoinEthereumNews.com.

Concerns escalate as Binance executive Tigran Gambaryan continues to be held in a Nigerian jail amidst serious health issues. The High Court’s denial of Gambaryan’s bail highlights procedural obstacles that have caused significant distress for his family and employer. According to his family, denying bail is particularly troubling given Gambaryan’s deteriorating health, including several severe medical conditions. The recent ruling by a Nigerian court to deny bail for Binance executive Tigran Gambaryan raises pressing concerns over his health and the implications for crypto operations in the region. High Court’s Decision on Gambaryan’s Bail Request The Abuja High Court’s decision on October 11 to reject the bail application of Tigran Gambaryan has drawn significant attention within the crypto community. The court cited procedural flaws as the main reason for the denial, particularly noting Gambaryan’s ongoing appeal against a prior bail denial, which rendered the latest request improper. Furthermore, there was a lack of new medical evidence presented to suggest that Nigerian healthcare facilities could not adequately attend to Gambaryan’s needs. Health Deterioration in Custody Gambaryan has been in custody since February and has reportedly suffered from a range of health issues during this period, with confirmed cases of malaria, pneumonia, and tonsillitis. His most serious complication stems from a herniated disc that has now left him reliant on a wheelchair for mobility. The implications of his deteriorating health raise significant questions about the treatment conditions in Nigerian prisons and the adequacy of medical care provided. Binance’s Response and Family Concerns In the wake of the High Court’s ruling, Binance expressed profound disappointment. A spokesperson for the company emphasized that Gambaryan had not traveled to Nigeria in a decision-making capacity, asserting that his continued detention appears unwarranted. They voiced intentions to work collaboratively with Nigerian authorities to facilitate a resolution while advocating…

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Filed under: News - @ October 11, 2024 7:26 pm