What if the person lied and is investigated and noticed he is into cryptocurrencies?
There has been police brutality even before CBN banned bitcoin and other cryptocurrencies. Your look and how you interact with police also matters. At least, I have never been arrested before.
Some people too are actually making their money illegally online and using cryptocurrencies to mask it. Some people also uses other businesses to mask it.
That’s where the main problem lies. People involve in illegal means of earning and cover it up with bitcoin when they’re asked what they’re into. For example, no any yahoo boy will tell you he’s one, what they usually say is that they’re bitcoin traders. When police found out that this is where they mask and cover their illegal means of earning with, they termed anyone into cryptocurrency as a Yahoo boy. After CBN shared that circular to banks not to trade cryptocurrencies, the police still use that as an advantage to clamp on those legally into crypto. They believe all crypto traders are wealthy, so they easily extort them when they find one. Although, your look and how you dress also matters when you’re caught and want to be investigated by them, it is also good to dress responsibly. I just hope and pray things get better soon.