Nigeria’s Patricia Exchange CEO debunks closure rumors

Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.

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. Hanu said:

Patricia Technologies came under intense scrutiny following a hacking incident in May 2023, which led to a significant loss of customer funds.

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