Nigerian officials have detained Tigran Gambaryan and Nadeem Anjarwalla of Binance against their will for the last two weeks. After receiving an invitation from the Nigerian government to talk about the ongoing conflict with Binance, the executives arrived in Abuja on February 25. A disagreement about around $26 billion in untraceable cash has arisen between Binance and the Nigerian authorities. According to reports from The Wall Street Journal and Wired, two top executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been detained by Nigerian officials against their will for the last two weeks.

The executives' detention seems to be related to the claims Nigeria made against the cryptocurrency exchange. According to rumors that have surfaced in recent weeks, the African nation has requested $10 billion in fines from Binance for allowing the processing of about $26 billion in untraceable assets within its borders.

The CEOs had been asked by the Nigerian government to talk about the ongoing conflict with Binance. Wired claimed on February 25 that the two had arrived in Abuja, citing their relatives. Gambaryan and Anjarwalla were "taken to their hotels, told to pack their things, and moved into a "guesthouse" run by Nigeria's National Security Agency, according to their families," the report stated, following their initial encounter with government officials. The first source to report on the detentions without identifying the two people was The Financial Times.

Gambaryan, an American citizen, oversees financial crime compliance for Binance. Anjarwalla, who possesses both Kenyan and British citizenship, is Binance's regional manager for Africa, situated in Nairobi. A representative from the US and the UK governments visited them, although Wired said that Nigerian government guards were present during the encounter. Gambaryan used to be an American special agent.

Cybercrimes Unit, Internal Revenue Service Criminal Investigation (IRS-CI). According to a Binance representative who talked to CoinDesk, "We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families, even though it is inappropriate for us to comment on the substance of the claims at this time." They are very ethical professionals, and we will do all in our power to help them. We hope that this issue will be resolved quickly.