Nigerian cryptocurrency trader Femi Akinola made headlines when he returned 90 Solana tokens worth $14,000 that were mistakenly sent to him by a foreign trader. This act of honesty earned him widespread praise and gifts totaling over 35 SOL from members of the crypto community.
In an interview with Cointelegraph, Akinola revealed 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).
Upon realizing the mistake, the trader contacted Akinola and requested the return of 90 SOL, allowing him to keep 10 SOL as a gesture of goodwill. The Crypto Network was astonished when Akinola promptly returned 90 SOL.
Akinola explained that returning a large amount of SOL tokens was a difficult decision, but his Christian faith motivated him to do the right thing. He believes that his actions demonstrate that there is still hope within the crypto community and hopes that it will positively impact the perception of Nigerian traders in the global crypto community.
He also plans to use his newfound fame to create free seminars to educate individuals on crypto and highlighted the importance of refraining from participating in pump-and-dump schemes, as these practices contribute to the industry’s lack of trust.
In a related event, Akinola discussed a suspected pump-and-dump scheme by Afro-pop star Davido, who launched the Timeless Davido (DAVIDO) memecoin in May, leaving his followers to absorb losses. This incident has raised concerns within Nigeria’s crypto community.
Akinola’s honest actions have not only earned him praise but have also brought attention to the importance of integrity within the crypto community.