Bright Kojo Onipayede, a Ghanaian forex trader widely known as Kojo Forex, has taken legal action against Albert Nathaniel Hyde, also known as Bongo Ideas, for defamation.

Kojo Forex alleges that Bongo Ideas made damaging statements about him on Twitter, which have harmed his reputation.

In the lawsuit, Kojo Forex is seeking compensation of GHS1 million and a permanent injunction to prevent Bongo Ideas from making any further defamatory remarks about him.

Additionally, Kojo Forex insists on a public apology to be issued on social media, accompanied by the retraction of the defamatory tweets.

Back in April of this year, Kojo Forex had issued a stern warning to the blogger after Bongo Ideas went on a Twitter rant directed at him.

Kojo Forex has now resorted to legal recourse to address the alleged defamation, aiming to safeguard his reputation and seek appropriate redress for the harm caused.

Among other things, Bongo had alleged that “Forex trading alone did not get you these things. You do other shady business.”

Again, he claimed that “the FX thingy is just a small part of the secretive online business empire (I will explain later) he runs. His profits from FX, as he makes it seem, do not come because he is a genius in the game. There are oldgees in the game who will tell you that he is a liar.

“You will soon be disappointed that FX is not a get-rich-quick-scheme. Only the Ponzi schemers make it seem so, which he is.”

These allegations were refuted by Kojo Forex, who claimed that the blogger was attacking him because he refused to mentor him.

The social media banter between the two ended with a threat from Kojo Forex to drag Bongo to court to prove the claims made against him, hence the current lawsuit.

Meanwhile, Bongo Ideas is known to troll celebrities on Twitter with the likes of Nana Aba Anamoah, Serwaa Amihere, Asamoah Gyan, Shatta Wale, Fella Makafui, Black Sherif and others constantly getting attacked by him.

Find a copy of the court document below: