Solana

when

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 (<a href="https://cointelegraph.com/solana-price-index">SOL</a>) tokens as part of a giveaway but accidentally transferred 100 SOL worth approximately 20 million Nigerian nairas ($13,300).
<h3 data-ct-non-breakable="true" id="accidental-riches">Accidental riches</h3>
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. <a href="https://x.com/raffayalvi/status/1808018299307151626" target="_blank" rel="noopener nofollow">According</a> 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. 
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-07/63c8b412-7069-4232-9861-3d56c99ae0a1.png" alt="" title="">
 <figcaption style="text-align: center;">
 Source:&nbsp;<a href="https://x.com/raffayalvi/status/1808026326173209051" target="_blank" rel="noopener nofollow"></a><a href="https://x.com/raffayalvi/status/1808026326173209051" target="_blank" rel="noopener nofollow">The Crypto Network</a>
 </figcaption>
</figure>
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.
<blockquote data-ct-non-breakable="true">
 “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.”
</blockquote>
<h3 data-ct-non-breakable="true" id="boosting-nigeria-s-crypto-image">Boosting Nigeria’s crypto image</h3>
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:&nbsp;<a href="https://cointelegraph.com/search?query=Nigeria#:~:text=NEWS-,Nigeria,urged%20to%20adopt%20crypto%20regulations%20inspired%20by%20Europe,-Jun%2030%2C%202024">Nigeria urged to adopt crypto regulations inspired by Europe</a>
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 <a href="https://cointelegraph.com/news/davido-meme-token-concerns-nigerian-crypto">suspected pump-and-dump scheme</a> 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.
Magazine: <a href="https://cointelegraph.com/magazine/cailtlyn-jenner-token-scammer-sahil-arora-celebrity-network-leaked-price-list/">Caitlyn Jenner meme coin ‘mastermind’s’ celebrity price list leaked</a>

Nigerian trader’s integrity restores trust in crypto

Table of Contents

Cointelegraph

Other articles published on Jul 3, 2024

Holograph protocol sabotaged by disgruntled contractor

Hamster Kombat: Third-Fastest to 150M Users

Chinese mining pools control over 50% of Bitcoin hashrate despite ban

Expert Claims $1k Investment in These Cryptos Today Could Buy a House by 2025

Standard Chartered predicts Bitcoin will hit $100,000 in November

Bitcoin Market Update: Relief Rally Prospects and Key Metrics Leading to Bullish Sentiment

Join our free newsletter for daily crypto updates!