- Tigran Gambaryan’s bail application was denied on Friday.
- A Nigerian judge cited abuse of judicial process as the reason for the denial.
- Gambaryan will remain in Kuje prison pending the trial’s outcome.
Tigran Gambaryan, the jailed Binance executive in Nigeria, has suffered another setback.
On Friday, Nigeria’s High Court in the nation’s capital Abuja, denied the ailing Binance executive’s improperly filed bail application, according to court proceedings followed by DL News.
Gambaryan’s wife, Yuki, called the ruling “completely unjust.”
“I am exhausted and deeply disappointed, but I will continue fighting for my husband’s rightful freedom,” Yuki said in a statement shared with DL News by a family spokesperson.
Gambaryan, 40, has been detained in Nigeria since February and was indicted alongside his employer Binance on money laundering and currency manipulation charges in April.
Both parties deny the charges.
A Binance…
