Binance Exec Tigran Gambaryan Leaves Firm, Months After Nigerian Hostage Crisis
Tigran Gambaryan, the head of financial crime compliance at Binance, has announced his departure from the crypto exchange after four years. His exit follows his detention in Nigeria for several months in 2024, where he was held on allegations related to his role at Binance. In a LinkedIn post, Gambaryan indicated he is seeking new challenges in the public or private sector, focusing on technology compliance. He played a significant role in building a compliance team at Binance comprising former law enforcement personnel, responding to over 57,000 law enforcement requests during his tenure. Gambaryan's departure reflects a broader trend at Binance, which has seen numerous executives leave in recent years. His resignation comes amidst the company's ongoing regulatory challenges and operational changes under the new CEO, Richard Teng, who is steering the exchange towards a more compliant future. Gambaryan expressed a desire to continue making a difference in compliance and enforcement strategies.
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