A bail application for Binance executive Tigran Gambaryan, citing health concerns, was rejected by a Nigerian court. Judge Emeka Nwite of Nigeria’s Federal High Court in Abuja denied the application on Oct. 11, ruling that Gambaryan should remain in prison despite his deteriorating health. The judge stated that worsening health does not warrant release unless it poses a danger to others and quarantine is not an option. Gambaryan, arrested in Nigeria in February, has been held at Kuje prison in Abuja. Despite claiming innocence and health issues, including being unable to walk, he has been ordered to stay in prison until the case concludes. Gambaryan's wife, Yuki Gambaryan, criticized the decision as unjust, emphasizing the importance of seeking proper medical treatment. The situation is ongoing, with updates to follow. Read more AI-generated news on: https://app.chaingpt.org/news