Nigerian Police announces an arrest in connection to Patricia’s security breach
Bonse was alleged to have conspired to launder 50 million naira from funds stolen from Patricia.
Patricia
Patricia fails to meet repayment deadline
After overcoming login issues, users discovered that Patricia has converted their existing crypto balances to PUTX and withdrawal is still unavailable.
DLM Trust terminates escrow trustee agreement with Patricia, citing breach of terms
Patricia had announced that DLM Trust had entered a partnership with it, a claim the company has refuted.
Embattled crypto exchange Patricia secures funding to repay some of its debt
Controversies and questions still trail the company’s move to manage a security breach it had suffered and repay its customers’ lost funds.
Patricia’s ‘grand’ plan to refund users is based on its profitability
Users will only be able to access their funds as the company makes profit.
FTX 2.0: Patricia is tampering with user funds without permission
Patricia’s move to convert customer funds mirrors FTX’s 2022 troubles, underscoring the risks of relying on centralized exchanges.