Richard Teng, chief executive of Binance, said his team had been working "around the clock" to bring Tigran Gambaryan, an executive arrested in Nigeria, back to the US because of his deteriorating health. "We have repeatedly called on the Nigerian government to release Tigran so he can return home and receive the proper treatment he needs." "There is no need to detain our employee. He was unjustly and unfairly detained...
Richard Teng, chief executive of Binance, said on the X platform: "The recent sharp declines in cryptocurrency and stock prices have been influenced by macroeconomic factors. We do not believe this is a sign of a long-term negative trend. With a potential rate cut by the Federal Reserve and geopolitical turmoil, the potential for market volatility remains high. Remind everyone to always do their research and stay up to date to keep building."
On July 9, Binance CEO Richard Teng said on the X platform: "My personal expectations for the next 12 months include: new use cases and continued innovation, improving user experience and promoting retail adoption, institutionalization and mainstreaming of cryptocurrencies, greater development and clarity in regulation, and more to come! We are still in the early stages."