Tag: Patricia

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Nigerian Politician Arrested for $246,153 Theft from Patricia Technologies’ Crypto Wallet

Source: AdobeStock / Faraz The Nigeria Police Force (NPF) has announced the arrest of a politician in connection with the theft of over 200 million naira (approximately $246,153) from Patricia Technologies’ crypto wallet.  In a recent post on X (formerly Twitter), the NPF said the arrest of Wilfred Bonse was made following an investigation conducted…
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Nigerian Crypto Exchange Patricia Implements Debt Restructuring Using Convertible Notes – What’s Going On?

Patricia, a Nigerian crypto exchange, is embarking on a significant debt restructuring initiative, offering customers the option to convert owed funds into Patricia shares. The company recently introduced Patricia Tokens (PTK), which it has now made available to customers for this purpose…. Read More: Nigerian Crypto Exchange Patricia Implements Debt Restructuring Using Convertible Notes –…
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Nigerian Crypto Trading Platform Unilaterally Converts User Funds to New Stablecoin — Move Sparks Exit Scam Fears

A Nigerian crypto trading platform, Patricia, announced on Aug. 18 that it had converted users’ outstanding funds to its U.S.-backed stablecoin known as “Patricia Token.” Some social media users have slammed the crypto trading platform’s unilateral decision to convert customer funds. Some critics have characterized the conversion of user funds as the Patrica team’s attempt…
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