Jelly-my-Jelly: SocialFi Ambitions Meet Market Momentum

jelly jelly

Launched on January 30, 2025, has emerged as a notable participant within the growing Social Finance (SocialFi) segment of the digital asset market. According to the latest available data, the token records approximately 33,800 holders, with a market capitalization value of US$56.9 million, a total supply of 999.99 million tokens, and ranks 362nd on the Coin Market Rank list…

FREEZING BANK ACCOUNTS: LEGAL BOUNDARIES AND EMERGING TRENDS IN NIGERIA

man sitting at the desk and counting money while using a calculator

Legally, the deposit of funds establishes a unique contractual relationship between a financial institution and its customer. As established in the locus classicus case of Foley v Hill, this dynamic is strictly that of a debtor and a creditor. The bank assumes ownership of the funds and contracts to repay an equivalent sum upon the customer’s mandate, giving rise to an implied duty of confidentiality and strict adherence to withdrawal instructions…