Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
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

What happened in Crypto today

August 26, 2025

2025-26 discussions about which coins will be ranked first in Memecoin Cycle

August 21, 2025

GEMINI has been disclosed by IPO, Tilecer Gemi’s NASDAQ listing plan

August 16, 2025
Add A Comment

Comments are closed.

Recent Posts

What happened in Crypto today

August 26, 2025

BitMine Immersion (BMNR) Reigns as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally and the 20th Most Liquid US Stock, Trading $2.8 Billion per Day on Average

August 25, 2025

Gamdom Launches Next-Level Sportsbook Experience

August 25, 2025

NE-YO Partners With Neura To Transform Entertainment With Emotional AI

August 25, 2025

Mine BTC Daily With Okalio Mining, Allowing You To Earn Steady Profits Without Investing In Equipment!

August 25, 2025

HKGAI And FLock.io Partner To Advance Decentralised AI For Government Efficiency

August 25, 2025

BNB chain overtakes polygons with NFT sales on the 7th.

August 25, 2025

Distributed financial introduction

August 24, 2025

SANTIMENT says that Fed Rate Talk Signals Signals problems arise.

August 24, 2025

Ethereum Breaks $4,750 Support As Pepeto Crosses $6,287,248 In Presale Funding

August 23, 2025

Builders, Investors, And Developers Meet Again To Shape The Web Space

August 23, 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

What happened in Crypto today

August 26, 2025

BitMine Immersion (BMNR) Reigns as the #1 ETH Treasury in the World, 2nd Largest Crypto Treasury Globally and the 20th Most Liquid US Stock, Trading $2.8 Billion per Day on Average

August 25, 2025

Gamdom Launches Next-Level Sportsbook Experience

August 25, 2025
Most Popular

Flux offers Proof-of-Work (PoUW) and FluxCore.

December 13, 2023

Did the Crypto Markets Hit Bottom This Week? — Here’s What the Data Shows

September 13, 2024

When this rare pattern comes out, the HEDERA’s HBAR set is set for $ 0.33

March 6, 2025
  • 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.