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This Nigerian Crypto Exchange Valued At $50 Million Is Raising Suspicions, Here’s Why

By Scott Matherson at 2026-07-08 03:02

Sentiment: Negative

Nigerian crypto exchange Patricia has raised suspicions following its newly launched Patricia Stablecoin labeled PTK and its unilateral decision to convert users’ funds to its stablecoin without its users’ consent. Patricia’s Dubious Move In May 2023, the Nigerian exchange Patricia reportedly fell victim to a hack and reportedly lost close to $2 million. During this […] Continue reading...

Categories: Crypto News

Tags: #Crypto News #crypto exchange #crypto hack #crypto news #Nigerian crypto exchange #Patricia #stablecoin

Source Bitcoinist