Nigerian trader’s integrity restores trust in crypto

Femi Akinola, a Nigerian cryptocurrency trader, returned 90 Solana tokens worth $14,000 that a foreign trader mistakenly sent to him. His honest act garnered widespread praise and led to gifts totaling over 35 SOL from members of the crypto community.

In an interview with Cointelegraph, Akinola explained that a crypto trader known as The Crypto Network on X had intended to send him $100 in Solana ( SOL ) tokens as part of a giveaway but accidentally transferred 100 SOL worth approximately 20 million Nigerian nairas ($13,300).

Accidental riches

Realizing his mistake, the trader contacted Akinola and requested the return of 90 SOL, allowing him to keep 10 SOL as a gesture of goodwill. According to The Crypto Network’s post on X, he was astonished when Akinola honored the request and promptly returned 90 SOL.

Akinola said he faced a tough decision when he realized that a large amount of SOL tokens had been mistakenly sent to his account, but he chose to do the right thing and return them. He explained that his choice was motivated by his Christian faith.

Discussing how this experience should alter perceptions of transactions and interactions within the crypto community, Akinola expressed his belief that his actions demonstrate that there is still hope within the crypto community.

“I used to hear about similar incidents where people had to make ethical decisions and would think it was superhuman. But at that moment, all I could think of was my integrity and doing the right thing.”

Boosting Nigeria’s crypto image

Akinola believes his actions might positively impact the perception of Nigerian traders in the global crypto community. He said he plans to use his newfound fame to create free seminars to educate individuals on crypto.

Related: Nigeria urged to adopt crypto regulations inspired by Europe

Regarding events that impact trust within the crypto community, Akinola highlighted that people should refrain from participating in pump-and-dump schemes, as these practices further contribute to the industry’s lack of trust.

Nigeria’s crypto community had earlier raised concerns over a suspected pump-and-dump scheme by Afro-pop star Davido, who launched the Timeless Davido (DAVIDO) memecoin in May.

Some community members claimed that Davido had previously offloaded digital coins onto his fans, making this the second occurrence in the past three years, leaving his followers to absorb the losses.

In 2021, Davido promoted RapDoge before selling off more than $300,000 worth of the cryptocurrency to his fans.

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