An executive of the cryptocurrency firm Binance has escaped from custody in Nigeria, the authorities there say.

Nadeem Anjarwalla, a British-Kenyan dual national, was arrested in February with his US colleague Tigran Gambaryan.

Their detention came as the Nigerian authorities investigated alleged wrongdoing by Binance.

Nigeria said that Mr Anjarwalla fled the country with a “smuggled passport”, but a family source has said he had left by “by lawful means”.

The country is now “working with Interpol for an international arrest warrant on the suspect”, the Office of the National Security Adviser (ONSA) said in a statement.

Binance has not commented on the accusations it has been facing.

“We were made aware that Nadeem is no longer in Nigerian custody. Our primary focus remains on the safety of our employees and we are working collaboratively with Nigerian authorities to quickly resolve this issue,” a Binance spokesperson said.

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