Patricia Raises Funds to Refund Users After Hack
The Nigerian gift card and crypto exchange platform, Patricia, has announced that it has raised funds to refund users who were affected by a hacking incident in May. The platform recently converted user funds to a stablecoin token called Patricia Token, which has caused some users to become impatient and consider legal action.
Hacking Incident and Freeze on Withdrawals
In May, Patricia experienced a breach where digital assets worth around $2 million were stolen. The platform froze withdrawals to strengthen its trading platform after the incident.
Impatient Users and Reimbursement Plans
Despite assurances from Patricia’s CEO, Hanu Fejiro, that funds would be refunded, some users are growing impatient. While Fejiro stated that funding has been secured for the reimbursement process, he did not provide an exact timeline for when users will receive their refunds.
Possible Legal Action and Protest
The lack of a specific refund date has frustrated users, leading some to consider suing Patricia or organizing a protest against the exchange.
Hot Take: Patricia Faces User Backlash Amidst Refund Delays
The Nigerian crypto exchange platform Patricia is facing criticism from users who are growing impatient with the delay in receiving their refunds after a hacking incident in May. Despite raising funds for reimbursement, the lack of a clear timeline has led some users to contemplate legal action or protest against the exchange. It remains to be seen how Patricia will address these concerns and regain the trust of its users.
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