Tigran Gambaryan, a senior executive at Binance specializing in financial crime compliance, has been released from detention and has left Nigeria. His release comes after an eight-month legal battle involving charges of tax evasion and money laundering.

On Wednesday in Abuja, a court ruled that criminal charges against Tigran Gambaryan, a Binance executive who previously served as an IRS criminal investigator for a decade, will be dropped on medical grounds as pressure from the US government has grown to secure Gambaryan's release.

The EFCC withdrew the charges against Tigran Gambaryan but said it will continue with the money laundering suit against Binance.