First Mover Americas: Ether Options Traders Prepare for Downside

Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities, according to reports from The Wall Street Journal and Wired. The executives appear to have been detained due to the accusations brought against the crypto exchange by Nigeria. In the past few weeks, reports have emerged that the African country has demanded $10 billion from Binance in penalties for allegedly enabling some $26 billion of untraceable funds to be processed in the nation. The Nigerian government had invited the executives to discuss the current dispute. The duo landed in Abuja on Feb. 25, Wired reported, citing their families. After the first meeting with government officials, 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 said.