<h4>Misleading Stories In The Public Space That I Borrowed</h4>
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<p><em><strong><a href="https://openlife.ng/">OpenLife Nigeria</a></strong> reports that Daniel &#8220;Danny&#8221; Oyekan, a Nigerian tech entrepreneur and investor who recently became the subject of a misleading article suggesting he “borrowed $40,000 from a friend and vanished,” has denied such accusations, saying it is a calculated attempt to smear his hard earned reputation.</em></p>
<p><em>In this piece, made available to OpenLife, Daniel &#8220;Danny&#8221; Oyekan, clarifies what transpired in the partnership</em></p>
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<p>In the age of clicks and virality, false claims can spread faster than facts. That’s exactly what has happened in the case of <strong>Daniel &#8220;Danny&#8221; Oyekan,</strong> a Nigerian tech entrepreneur and investor who recently became the subject of a misleading article suggesting he <em><strong>“borrowed $40,000 from a friend and vanished.”</strong></em><br />
Here’s what happened, and why the story being told is both inaccurate and unfair.</p>
<p><strong>The Truth Behind the Investment</strong></p>
<p>Daniel “Danny” Oyekan, founder of Dan Ventures and Blockfinex, is a long-established figure in Africa’s tech and blockchain ecosystem. He’s invested in early-stage startups across Africa, the UAE, and the U.S., and has been instrumental in pushing forward Web3 Development on the continent.</p>
<p>In 2022, through Dan Ventures, Oyekan invested $382,500 in a blockchain startup called Bridge Network, not as a loan, not as a side deal with a friend, but as a structured, documented business investment.<br />
The company was co-founded by Kimberly Adams, the original CEO, and Samuel Eke, the same individual who is now behind the accusations against Oyekan.<br />
According to company records and multiple internal communications, Oyekan never held an operational role in the startup. His involvement was limited to financial backing and technical advisory, as is typical in early-stage VC deals.</p>
<p><strong>What Went Wrong?</strong></p>
<p>By early 2023, the startup began to unravel from the inside. Co-founders Adams and Eke clashed over the company’s direction and operations. Staff began exiting, investor updates ceased, and financial accountability eroded. Adams, the original signatory on the investment agreement, was abruptly pushed out.</p>
<p>Importantly, just before her removal, she approved a repayment that would have covered most of the funds owed to Dan Ventures. That approval was never implemented, and to this day, Kimberly Adams remains the only legally recognised shareholder of Bridge Network.</p>
<p><strong>Neither Eke nor his new partners appear in official documents.</strong></p>
<p>In simpler terms: Oyekan didn’t borrow money; he invested in a startup that failed to return funds after a leadership fallout.</p>
<p><strong>A Pattern of Misinformation</strong></p>
<p>In the wake of this business fallout, online attacks against Oyekan began popping up across blogs and social media, many of them linked to accounts known for sensational or sponsored content. An anonymous blog page previously linked to crypto-related blackmail campaigns was one of the first to publish defamatory content after Oyekan declined to pay a demand to suppress posts.</p>
<p>It was only after these failed pressure tactics that the false “$40,000 debt” narrative began surfacing. The said article rehashes this unverified story without any supporting documentation or balanced reporting.</p>
<p>Let’s be clear: There is no evidence of a loan, no written agreement of any kind, and no legal proceeding suggesting <a href="https://www.vanguardngr.com/">Oyekan</a> owes anyone personally. What exists is a failed startup where money went missing, not into Oyekan’s pocket, but through mismanagement within Bridge Network itself.</p>
<p><strong>Oyekan’s Response: Facts Over Drama</strong></p>
<p>Instead of getting into online back-and-forths, Oyekan chose to go through the proper legal and professional channels. He filed all relevant documents with legal counsel and submitted petitions to the appropriate authorities. Investigations are ongoing, and all claims will be resolved through due process, not social media stunts.<br />
In his own words:</p>
<p><em>“This situation has been deeply unfortunate. But I trust that the facts, documentation, and legal system will clarify everything. I remain focused on building and supporting innovation in Africa.”</em></p>
<p><strong>Still Building, Still Transparent</strong></p>
<p>Despite this distraction, Oyekan continues his work through Dan Ventures and Blockfinex, backing founders, hiring local talent, and building tools for Africa’s digital economy. His track record spans over a decade in blockchain, crypto finance, and early-stage venture investing. He’s not a ghost, and certainly not a scammer.</p>
<p><strong>Final Word</strong></p>
<p>It’s easy to twist business disputes into scandalous headlines. But this one doesn’t hold up. There was no personal loan. No disappearance. Just a failed startup and a flurry of false narratives used to deflect from internal mismanagement.</p>
<p>Let’s stick to the facts.</p>
<figure id="attachment_29953" aria-describedby="caption-attachment-29953" style="width: 169px" class="wp-caption alignnone"><img class="size-medium wp-image-29953" src="https://openlife.ng/wp-content/uploads/2025/07/thumbnail-1-2-169x300.jpeg" alt="Misleading Stories In The Public Space That I Borrowed $40,000 And Fled Are Not True, Daniel ";Danny"; Oyekan, A Nigerian Tech Entrepreneur And Investor, Clarifies" width="169" height="300" /><figcaption id="caption-attachment-29953" class="wp-caption-text"><em><strong>Daniel &#8220;Danny&#8221; Oyekan, A Nigerian Tech Entrepreneur And Investor</strong></em></figcaption></figure>
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