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Presidents Biden and Tinubu Discuss Binance Exec’s Release, Partnership and Others

biden tinubu

US President Joe Biden thanked the president of Nigeria, Bola Tinubu through a phone call on October 2oth for the recent release of Binance executive: Tigran Gambaryan, who was imprisoned for 8 months.

As was outlined in a statement released from the White House on October 29, the US president “underscored his appreciation for President Tinubu’s leadership in securing the release on humanitarian grounds of American citizen and former U.S. law enforcement official Tigran Gambaryan last week.”

Besides appreciating President Tinubu’s dropped charges and Gambaryan’s release, President Biden discussed other issues affecting both countries’ interests.

Presidents Biden and Tinubu on Other Matters

Before thanking him for Gambaryan’s release, the US president sympathised with his Nigerian counterpart over the devastating floods impacting Northern Nigeria, as stated in the release.

In addition, President Biden discussed the importance of the partnership between Nigeria and the United States. For context, the US president highlighted how the collaboration between the countries would be “addressing global challenges and advancing security and prosperity across multiple sectors“.

Furthermore, President Biden stressed the importance of law enforcement partnerships between both countries by forming the joint Bilateral Liaison Group on Illicit Finance and Cryptocurrencies.

Notably, such friendly rapport between both leaders will benefit the 2 countries as new productive liaisons spring up.

About the Bilateral Liaison Group on Illicit Finance and Cryptocurrencies

In a media note on October 23, the US Department of State announced its collaboration with the Nigerian government to prosecute cybercrimes.

The U.S. Department of Justice is continuing its coordination with the Government of Nigeria to build its capacity to pursue cybercrime investigations and prosecutions.  To accelerate that cooperation, the United States and Nigeria are launching a Bilateral Liaison Group on Illicit Finance and Cryptocurrencies.”

By partnering, both countries would suppress cybercrime in their respective crypto industries, protecting investors and fostering digital-asset transactions and potentials.

About Author

Crypto Exchange News Journalist | Crypto Blog Writer | Crypto News Researcher and Reporter. I'm Daniel Nwokolo, your guide in the evolving crypto universe. I turn complex blockchain news into captivating stories. Dive into the digital frontier with my insights that both inform and inspire.

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