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What will be the outcome of the Nigerian court case regarding the $38M in frozen cryptocurrency by December 31, 2024?
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Resolution / Starting Odds
Permanently seized • 25%
Released back to original owners • 25%
Partially seized, partially released • 25%
Other outcome • 25%
Official Nigerian court announcements and legal documents
Story
Nigerian Court Freezes $38M in Crypto Linked to Protests
Aug 16, 2024, 12:25 PM
Nigerian authorities have traced $50 million in cryptocurrency, with nearly $38 million of it reportedly sent to support recent protests. A Nigerian court has moved to freeze these funds, which are linked to protests in the country. Despite the freeze, reports indicate that some of the crypto wallets remain active. The frozen assets, including $37 million USDT, are connected to MEXC and KuCoin hot wallets.
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Yes • 50%
No • 50%
Case dismissed • 25%
Binance fined • 25%
Binance executives charged • 25%
Other outcome • 25%
Case dismissed • 25%
Binance fined • 25%
Binance executives charged • 25%
Other • 25%
Guilty • 33%
Not Guilty • 33%
Case Dismissed • 34%
Protesters • 25%
MEXC • 25%
KuCoin • 25%
Nigerian government • 25%
Funds released to original owners • 25%
Funds confiscated by the government • 25%
Funds partially released and partially confiscated • 25%
Other outcome • 25%
Guilty • 33%
Not Guilty • 33%
Case Dismissed • 34%
Guilty of Tax Evasion • 25%
Guilty of Money Laundering • 25%
Guilty of Both • 25%
Not Guilty of Both • 25%
SEC wins • 25%
Defendant wins • 25%
Settlement • 25%
Case dismissed • 25%
Settlement reached • 25%
Tether wins the case • 25%
Plaintiff wins the case • 25%
Case dismissed • 25%
Guilty on all charges • 25%
Guilty on some charges • 25%
Not guilty • 25%
Mistrial • 25%