Patricia Technologies arrested on charges of stolen funds, tracking politicians, laundering over $60,000 in cryptocurrency
Nigerian law enforcement agencies have arrested politician Wilfred Bonse for his alleged involvement in the laundering of digital assets stolen from cryptocurrency exchange Patricia Technologies. The arrest follows the theft of $2 million worth of digital assets from Patricia in May. Bonse was accused of fraudulently transferring more than $60,000 in his stolen funds into his own bank account.
Patricia praises law enforcement and the CEO emphasizes relief for users.
Reacting to the arrests, Patricia Technologies CEO Hanu Fejiro commended the efforts of Nigerian law enforcement agencies. The recovered funds, particularly the $60,000 linked to Bonse, are expected to go a long way toward refunding affected Patricia users. The investigation is ongoing and authorities are doing their best to punish the hackers responsible for the exchange breach.
Ongoing refund efforts and investigation progress
Patricia Technologies recently announced the start of a refund process for affected users. The arrest of Wilfred Bonse is seen as a positive step towards recovering funds lost due to breaches of cryptocurrency exchange platforms. Nigerian law enforcement agencies ensure continued efforts to address the complexities of the crime and bring all parties involved to justice.