Binance CEO Richard Teng stated that his team has been working “around the clock” to bring Tigran Gambaryan, the executive arrested in Nigeria, back to the United States, as his health worsens. “We have repeatedly called on the Nigerian government to release Tigran so he can return home and receive the proper treatment he needs.”

"There is no need to detain our employee. He is being unjustly and unfairly held," Teng said on September 19 at the TOKEN2049 conference in Singapore.

"For Binance, this is our top priority. We have a dedicated team internally working day and night exploring different avenues, from legal to political, to help Tigran return home." Teng hopes the US can designate Gambaryan as unlawfully detained, to expedite this process. He added that Binance is also trying to appeal to the Nigerian government to release Tigran on humanitarian grounds. He also mentioned that Gambaryan has contracted malaria and pneumonia twice since his detention in Nigeria. His deteriorating health even led to a sudden collapse during a court appearance in May.