The outcome of this case could have significant implications for the future of cryptocurrency in Nigeria.
A Nigerian crypto activist and politician, James Otudor, has taken a bold legal stance to fight for Nigerians’ fundamental rights to own, use, and trade in Bitcoin, USDT, and other cryptocurrencies.
In an X post, Otudor announced his move against several vital entities, including the President of Nigeria, the Minister of Finance, the Attorney General of the Federation, the Central Bank of Nigeria (CBN), the Securities and Exchange Commission (SEC), the Economic and Financial Crimes Commission (EFCC), the Nigerian Police Force, the National Information Technology Development Agency (NITDA), and the Nigerian Communications Commission (NCC).
Otudor told Cointelegraph that the hearing for the case began on Aug. 9. He emphasized that Nigerians who wish to acquire, use, or trade Bitcoin (BTC), USDT (USDT), and other digital assets are being victimized and that their fundamental human rights are being infringed upon.
