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Nigeria’s Patricia Exchange CEO debunks closure rumors

Fejiro Hanu, CEO of Nigeria's first local crypto exchange, Patricia, has denied rumors of its closure, calling them a media ploy for clicks. He affirmed that the exchange is still running. In a post on X, Hanu expressed frustration, stating that despite granting interviews and sharing information with media houses, they distorted the narrative to attract views and fit their agenda. Despite claims that customer funds were secure, users have encountered persistent challenges accessing them since April 2023. Patricia stated it is committed to reimbursing holders with 1 USDT (USDT) token for each Patricia token, ensuring asset recovery after the security breach.

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