Tigran Gambaryan, a former IRS agent who helped fight cryptocurrency crime, was wrongly imprisoned in Nigeria for eight months! He worked for Binance, a cryptocurrency company, teaching police how to track crypto. Nigeria was having big money problems, and blamed Binance (and Tigran).
- Nigerian officials arrested Tigran and his colleague, Nadeem.
- They accused them of hurting Nigeria's economy and money laundering.
- Tigran's colleague escaped prison!
- After a lot of pressure from the U.S., Tigran was released due to health issues.
| Fact | Number |
|---|---|
| Tigran's imprisonment length | 8 months |
| Approximate fine demanded by Nigeria | $10 Billion (initial demand, later retracted) |
| Amount allegedly laundered (Nigeria's claim) | $35.4 Million |
| Binance's US fine | $4.3 Billion |
This story shows how cryptocurrency can be both helpful and create problems, especially in countries with unstable economies. It also highlights the challenges of international cooperation in handling cryptocurrency crimes.
