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.
Nov 24, 2023
Bonse was alleged to have conspired to launder 50 million naira from funds stolen from Patricia.
After overcoming login issues, users discovered that Patricia has converted their existing crypto balances to PUTX and withdrawal is still unavailable.
Patricia had announced that DLM Trust had entered a partnership with it, a claim the company has refuted.
Controversies and questions still trail the company’s move to manage a security breach it had suffered and repay its customers’ lost funds.
Users will only be able to access their funds as the company makes profit.
Patricia’s move to convert customer funds mirrors FTX’s 2022 troubles, underscoring the risks of relying on centralized exchanges.