Binance has asked the Nigerian government to release its executive, Tigran Gambaryan.

This is as the cryptocurrency platform on Tuesday expressed readiness to “settle any alleged past issue” with the Nigerian Government.

On Monday, Gambaryan was arraigned at the Federal High Court in Abuja for alleged money laundering.

Upon appearance, Gambaryan was denied a wheelchair and had to enter the court on crutches, visibly in pain and distressed.

His lawyers had filed a new bail application on medical grounds, as well as alleged restricted access to him for trial preparation.

But the Economic and Financial Crimes Commission, EFCC, opposed the bail application.

The company condemned the decision of the Nigerian Government to deny Gambaryan a wheelchair during Monday’s proceedings.

In a statement, a Binance spokesperson said: “A video circulating shows the mistreatment and pain he’s enduring. The judge ordered that Tigran be allowed to use a wheelchair, with the bail hearing continuing on September 4th. We are sharing an official statement from Binance on this matter.

“We are extremely distressed by the video of Tigran in court yesterday. This video is just a snapshot of Tigran’s current reality. His health is rapidly declining and we are deeply concerned about the long term consequences of this unjust detention.

“Nigeria does not need to keep Tigran in order for us to settle any alleged past issues. We continue to implore the Government of Nigeria to let Tigran return home and let us continue in our engagements.

“Our recent resolutions with Brazil and India demonstrate how historical issues can be resolved through constructive dialogue and adherence to legal standards. This is the international standard of doing business.”