American citizen Tigran Gambaryan has been released from a Nigerian jail after eight months of incarceration and on his way back to the United States, officials said.

Binance executive Tigran Gambaryan's charges of money laundering have reportedly been dropped in Nigeria after he spent seven months in prison.

Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.

Nigeria has released on humanitarian grounds an American citizen held for the past eight months on cryptocurrency money laundering accusations. "I am pleased that American citizen and former U.S. law enforcement official Tigran Gambaryan has been released on humanitarian grounds by the Nigerian Government and is on his way back to the United States so that he can receive needed medical attention,

Every week, ISMG rounds up cybersecurity incidents in digital assets. This week, the Nigerian government dropped charges on Binance executive Tigran Gambaryan, an