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Nigerian Court Postpones Decision on Gambaryan Bail Application

The next bail hearing has been scheduled for Oct. 9.

Updated Sep 4, 2024, 2:50 p.m. Published Sep 4, 2024, 2:47 p.m.
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  • A Nigerian court deferred a decision on a bail application by Tigran Gambaryan, crypto exchange Binance's head of financial compliance.
  • Gambaryan's lawyer filed a new application for bail on medical grounds on Monday.

A Nigerian court deferred a decision on a bail application by Binance's head of financial compliance, Tigran Gambaryan, whose health has been worsening since he was jailed earlier this year, a family spokesperson told CoinDesk.

The next bail hearing has been scheduled for Oct. 9.

Gambaryan's lawyer filed a new application for bail on medical grounds on Monday. Gambaryan's lawyer told the court that the executive has needed surgery since July 18 and requires urgent assistance that cannot currently be provided, Bloomberg reported.

The executive was seen limping into court on Monday after being denied a wheelchair. While in prison he has developed malaria, pneumonia, tonsillitis and complications from a herniated disc in his back, which left him nearly unable to walk.

Read more: 'Why Are You Doing This to Me?': Detained Binance Exec Begs Prison Guard for Help in New Court Footage


Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.

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