Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Nigerian Exchange CEO Patricia exposes rumors of company closure
BLOCKCHAIN NEWS

Nigerian Exchange CEO Patricia exposes rumors of company closure

By Crypto FlexsMay 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Nigerian Exchange CEO Patricia exposes rumors of company closure
Share
Facebook Twitter LinkedIn Pinterest Email

Fejiro Hanu, CEO of Nigerian cryptocurrency exchange platform Patricia, recently used his .

Hanu denied the growing speculation, emphasizing that the spread of negative news often outstrips positive updates, leading to misunderstandings about the company’s position.

In a statement, the CEO highlighted the role of various news outlets and blogs in perpetuating clickbait headlines and misinformation, contributing to the rapid spread of false closure stories. He expressed his dissatisfaction with the way the information was disseminated and apologized to users of the platform, while also affirming his resolve not to succumb to online harassment.

Thread:

The point I want to make is that most reporters, media outlets, blogs, and Twitter influencers are not interested in the truth.

why? Your eyes, clicks, and views are the prizes.

— Hanu (@Fejizzy) May 1, 2024

Touted as a pioneering platform in Nigeria, the exchange has recently been at the center of rumors of its closure, despite no official announcement being made. Despite the government’s aggressive stance on cryptocurrency, several cryptocurrency exchanges have emerged in the country.

In particular, Patricia came under significant scrutiny last year after admitting to losing $2 million in client funds due to alleged security breaches. The case was later linked to former Nigerian gubernatorial candidate Wilfred Bonse.

Crypto.news reported last November that authorities arrested Bonse in connection with the exchange breach. Upon Bonse’s arrest, Hanu expressed relief that he felt vindicated and thanked the Nigerian Police for their thorough investigation, hinting at a potential restoration of trust.

Despite these events, recent commentary has claimed that the company may actually be on the brink of complete collapse. Hanu’s public rebuttal to rumors of closure is an attempt to demonstrate the exchange’s resilience to ongoing challenges.

Paystack co-founder and CTO Ezra Olubi expressed skepticism about the incident. As for

It takes a lot of boldness to carelessly spend customer funds to appear bigger than it really is, and blame “hacks” that either didn’t happen or are the result of sheer recklessness. Lack of follow-up investigation puts the company in crisis. Get knocked down and then dunk on the reporters.

— Ezra ‘Sin’ Olubi (@0x) May 1, 2024

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Skale Labs fairly publishes a technical white paper and introduces the industry’s first “encryption proof” consensus protocol.

September 10, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025
Add A Comment

Comments are closed.

Recent Posts

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025
Most Popular

Vitalik Buterin details four ways cryptocurrency and AI can overlap.

January 30, 2024

Supply Squeeze and Parabolic Bull Market

March 21, 2024

Analyst points out ‘shocking similarities’ between RCOF and 2021 Shiba Inu Rally

November 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.