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The Digest:

Binance founder Changpeng "CZ" Zhao has publicly accused the Nigerian government of kidnapping former executive Tigran Gambaryan. This explosive claim intensifies a long-running dispute over Gambaryan's eight-month detention in 2024 on money laundering charges, which were later dropped.

Key Points:
  • Gambaryan, a U.S. citizen, was detained in Nigeria for eight months in 2024.
  • Charges of money laundering were linked to Binance's local operations.
  • He was released in October 2024 on cited humanitarian grounds.
  • The former executive has filed a $70 million lawsuit against Nigeria.
  • He publicly described the Nigerian government as "lawless."
  • Nigerians on social media distanced citizens from the state's actions.
  • Local campaigns had advocated for his release amid international pressure.
The situation reveals the turbulent intersection of global crypto giants and national sovereignty, where legal battles become deeply personal.

Sources: Daily Post Nigeria, X