Tigran Gambaryan has announced his departure from Binance, ending a four-year tenure during which he established and led the company’s first global investigations team.
Gambaryan joined Binance at a time when the exchange did not have an internal investigations function.
Tigran Gambaryan’s resignation comes after a difficult period that began in February 2024, when he and Binance’s Africa Regional Manager, Nadeem Anjarwalla, were detained in Nigeria during a trip aimed at engaging with regulators about the company’s operations.
Nigerian authorities accused Binance of enabling currency speculation and money laundering, alleging that the platform played a role in the naira’s decline amid a deepening economic crisis.
He was brought in with the goal of building that capability, at a moment when regulatory and law enforcement scrutiny of the crypto industry was intensifying.
Backed by the company’s leadership, he expanded the team to over 100 staff, including former federal agents, prosecutors and analysts, with a focus on aligning the firm’s practices with US and international enforcement standards.
During his time at the company, Gambaryan and his team responded to tens of thousands of law enforcement requests and contributed to investigations into cases involving cybercrime, financial fraud, terrorism financing and narcotics trafficking.
In a personal statement, Gambaryan said he is proud of what he accomplished at Binance and is now looking to take on new challenges.
He expressed interest in continuing work at the intersection of digital assets, national security and financial compliance, either in the public or private sector.
Featured image credit: Edited by Fintech News Africa, based on image by PAKMUD via Freepik
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