House of Reps Member Philip Agbese Sues Binance Executive Tigran Gambaryan for N1.5 Billion Over Defamation

House of Reps Member Philip Agbese Sues Binance Executive Tigran Gambaryan for N1.5 Billion Over Defamation

Philip Agbese, a member of Nigeria's House of Representatives, has filed a lawsuit against Binance executive Tigran Gambaryan, demanding N1.5 billion in damages for defamation.

 The legal action follows Gambaryan's allegations that Agbese, along with two other lawmakers, requested a $150 million cryptocurrency bribe.

Gambaryan, who was detained by the Nigerian government from February to October 2024 over Binance's operations, made the claims in a post on X (formerly Twitter), accusing Agbese, Peter Akpanke, and another lawmaker of asking for the bribe to be paid into their personal wallets. 

In response, Agbese, who was not a member of the House Committee on Financial Crimes that investigated Binance, denied the allegations and maintained that he never demanded any bribe