Health of detained Binance executive deteriorates in Nigerian prison, wife says

Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria April 4, 2024. REUTERS/ Abraham Achirga/File Photo

ABUJA (Reuters) - The health of detained Binance executive, Tigran Gambaryan, has deteriorated in a Nigerian prison where he faces money laundering charges, his wife said on Monday.

Binance, the world's largest cryptocurrency exchange, and two of its executives - Gambaryan, a U.S. citizen and head of financial crime compliance, and Nadeem Anjarwalla, a British-Kenyan who is a regional manager for Africa - have been charged with laundering over $35 million.