Fejiro Hanu, CEO of Nigeria’s first native crypto alternate, Patricia, has denied rumors of its closure, calling them a media ploy for clicks. He affirmed that the alternate remains to be operating.
In a put up on X, Hanu expressed frustration, stating that regardless of granting interviews and sharing info with media homes, they distorted the narrative to draw views and match their agenda. Hanu mentioned:
“Excellent news doesn’t promote as quick as hate/dangerous information. So everyone seems to be fast to leap on a story.”
Patricia Applied sciences got here below intense scrutiny following a hacking incident in Could 2023, which led to a major lack of buyer funds.
Regardless of claims that buyer funds have been safe, customers have encountered persistent challenges accessing them since April 2023. This lack of entry to customers’ funds fueled hypothesis about considerations relating to a possible exit rip-off, elevating fears for purchasers with funds caught on the platform.
In a current put up on X, Hanu voiced frustration, lamenting that regardless of offering interviews and sharing info with media shops, they twisted the narrative to garner extra consideration and align with their very own agenda.
In response to buyer requests, Patricia transformed the worth of buyer property into its native Patricia Token (PTK), guaranteeing future reimbursement. Patricia emphasised its dedication to integrity and buyer belief, introducing PTK as an inner buyer asset.
Patricia said it’s dedicated to reimbursing holders with 1 USDT (USDT) token for every Patricia token, guaranteeing asset restoration after the safety breach. Patricia clarified that PTK shouldn’t be on-chain however serves as an inner token representing debt and is managed by the corporate.
Associated: Losses from crypto hacks plunge 67% in April to $60 million
Within the put up on X, Hanu up to date customers on Patricia’s standing and guaranteed them that main safety divisions within the nation are actively addressing the scenario.
Hanu talked about that they’re at the moment awaiting the prosecution and conviction of the opposite suspects concerned. He emphasised that addressing such instances correctly takes time and guaranteed that efforts are underway to resolve the scenario.
In November 2023, an arrest was made in reference to the Patricia crypto pockets heist. The Nigeria Police Pressure (NPF) apprehended politician Wilfred Bonse, who was accused of stealing over 200 million naira ($246,153) from Patricia Applied sciences’ crypto pockets.
The NPF mentioned that the case contains prison conspiracy, the unauthorized alteration of laptop techniques and community information, and the illicit diversion of funds, as outlined in a petition submitted to the inspector normal of police.
Journal: Lazarus Group’s favourite exploit revealed — Crypto hacks evaluation
]
