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»TRADING NEWS»Nigerian Law Enforcement Officer Nab Politicians Laundered Stolen Funds From Cryptocurrency Exchanges
TRADING NEWS

Nigerian Law Enforcement Officer Nab Politicians Laundered Stolen Funds From Cryptocurrency Exchanges

By Crypto FlexsNovember 26, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Nigerian Law Enforcement Officer Nab Politicians Laundered Stolen Funds From Cryptocurrency Exchanges
Share
Facebook Twitter LinkedIn Pinterest Email

Nigerian law enforcement agencies recently arrested a politician on charges of laundering digital funds stolen from Patricia Technologies in May. CEO Hanu Fejiro praised the politician’s arrest and said the recovered funds would “go a long way in appeasing Patricia’s users.”

Politicians implicated in complex crimes

Nigerian police have arrested a politician on suspicion of attempting to launder digital assets stolen from cryptocurrency exchange platform Patricia Technologies earlier this year. According to police, Wilfred Bones fraudulently transferred more than $60,000 of his $750,000 in stolen funds into his own bank accounts.

As Bitcoin.com News reported in May, Patricia lost more than $2 million in digital assets after hackers breached her platform. She said the theft left a financial hole in the cryptocurrency platform, forcing Patricia to seek out funds to refund her affected users.

After announcing the arrest of the politician, Nigeria Police Spokesperson Prince Olumuyiwa Adejobi said:

He was registered as being involved in a complex offence. Wilfred Bonse conspired to launder Fifty Million Naira (N50,000,000), an amount arising from the fraudulent misappropriation of Sixty-Seven Million Naira (N607,000,000) from the Patricia Technology company account to his own bank account through a cryptocurrency wallet. I did.

But a spokesperson said the investigation was still ongoing and vowed to punish those behind the hack.

🚨 important update🚨

Thank you to all NPF-NCCC members.

More updates coming soon. #patriciatechnologies https://t.co/qSHGjZ3EsQ

— Patricia (@PatriciaSwitch) November 24, 2023

In a post by X (formerly Twitter), Patricia praised the Nigerian law enforcement agencies for arresting Bonse. CEO Hanu Fejiro said the recovered funds “will go a long way in appeasing Patricia’s users.”

Meanwhile, confirmation of Bonse’s arrest and recovery of some of the funds comes just days after Patricia said it had started issuing refunds for its first batch of users.

Sign up for your email here to get weekly updates on Africa news delivered to your inbox.

What are your thoughts on this story? Let us know your thoughts in the comments section below.

Source: Bitcoin.com

Cryptocurrency Investment Risk Warning

Cryptocurrency assets are highly volatile. Your capital is at risk.
Do not invest unless you are prepared to lose all your money.
This is a high-risk investment and you should not expect to be protected if something goes wrong.

Read full disclaimer

like this:

good night Loading…

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

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

September 16, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 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

Bitcoin is rising. Should you invest now? 8 tips for 2024

March 12, 2024

NVIDIA launches Quantum Computing Research Hub in Boston

March 22, 2025

What’s stopping MATIC (Polygon) from hitting $1 after a reorganization?

October 29, 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.