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On October 23, 2024, the Nigerian government dropped the charges against Tigran Gambaryan, an American compliance officer for Binance, the world’s largest cryptocurrency exchange. Gambaryan was arrested in Nigeria in February after he and Binance were accused of money laundering and tax evasion. For eight months, the Nigerian government insisted that Gambaryan be held responsible for Binance’s illegal activities in the country despite pressure from the United States to release him. However, they finally agreed to drop the money-laundering charges against Gambaryan so he can receive treatment for malaria, double pneumonia, and a herniated disk.[1]