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Home » Nigerian traders honesty rebuilds confidence in cryptocurrency
Nigerian traders honesty rebuilds confidence in cryptocurrency
Nigerian traders honesty rebuilds confidence in cryptocurrency

Nigerian traders honesty rebuilds confidence in cryptocurrency

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By admin on 2024-07-03 Blockchain

In a remarkable display of integrity, Nigerian cryptocurrency enthusiast Femi Akinola made headlines when he returned 90 Solana tokens, valued at $14,000, to an international trader who had sent them to him by error. This act of honesty not only earned him widespread acclaim but also resulted in the crypto community rewarding him with over 35 SOL in gifts.

During a conversation with Cointelegraph, Akinola recounted the incident where The Crypto Network on X, a fellow trader, intended to gift him $100 worth of Solana (SOL) tokens. However, a mishap led to the transfer of 100 SOL, equivalent to roughly 20 million Nigerian nairas ($13,300).

**Accidental Fortune**

Upon realizing the blunder, the sender reached out to Akinola, asking for the return of 90 SOL and suggesting he keep 10 SOL as a token of appreciation. The Crypto Network on X shared on their platform that they were taken aback by Akinola’s swift action to fulfill the request.

Faced with an unexpected moral dilemma, Akinola decided to act honorably and return the substantial sum. He attributed his decision to his Christian beliefs.

**Source:**
The Crypto Network

Akinola took this opportunity to reflect on how such acts of honesty could reshape the way transactions and interactions are viewed within the cryptocurrency sphere, instilling a sense of hope among its members.

**Elevating Nigeria’s Cryptocurrency Reputation**

Convinced that his deed could enhance the global image of Nigerian traders, Akinola plans to leverage his sudden fame to organize free educational seminars on cryptocurrency.

**Related:**
Calls for Nigeria to Embrace Crypto Regulations Following European Models

Akinola also touched upon the importance of trust in the crypto world, advising against involvement in pump-and-dump schemes that tarnish the industry’s reputation.

The Nigerian crypto community has been wary of such schemes, especially after suspicions arose around Afro-pop icon Davido’s launch of the Timeless Davido (DAVIDO) memecoin in May, which some believe to be a repeat of a similar situation from three years prior. In 2021, Davido was involved in promoting RapDoge, after which he reportedly sold over $300,000 of the cryptocurrency to his fans.

**Magazine Feature:**
The leaked celebrity price list behind Caitlyn Jenner’s meme coin scheme.

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