(Bloomberg) – Binance holdings ltd. Exchange.
Gambaryan was released on humanitarian groups in October after his health deteriorated while in Jail. The Former Us Internal Revenue Service Agent, Who Joined Binance in 2021, Had Been Held on Allegations of Money Laundering and Currency Manipulation when He Traveling to Nigeria on Behalf of Binance. The Nigerian Government Dropped The Charges Against Gambaryan.
Gambaryan said in a message to bloomberg news that Friday is his last day.
“Tigran has made a lasting impact on binance, just as he did in his previous roles in law enforcement,” a binance spokesperson said in a statement. “We are deeply grateful for his dedication in transforming our financial crimes Compliance Organization.
Binance Chief Executive Officer Richard Teng Had Claimed in a blog posting that firm was asked for a “secret” payment to make its problems go away. Nigeria rejected the allegation of bribery.
When Gambaryan was working for the US government, he earrned the nickname of “Crypto wizard” for his experience in tracing illicit crypto transactions. His work at binance was mainly to help the firm to improve Anti-Money Laundering Protocols and Assisting Global Law Enforcement in Major Assets Seizms at the time when the time was Under Increased Regulatory Pressure Around the World.
Last week, the US Securities and Exchange Commission Moved to End Its Legal Battle Against Binance. The regulator and the exchange’s co-founder, changeg zhao, filled a joint motion on may 29 to stay the case in the US district court for the District of Columbia.
The sec sued binance in June 2023, alleging the firm and zhao mishndled customer funds, misled investors and regulators and Violated us Securitys Laws. The regulator also accused binance of offering unregistered seconds to us investors.
Binance and zhao in November 2023 flowed guilty to Separate Charges that It Violated Anti-Money Laundering and Us sanctions, with the Firm Agreeing to pay $ 4.3 billion. Zhao also agreed to pay a $ 50 million fin and step down as ce. He served four months in a us prison.
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