Patricia, a Nigerian platform for gift card and crypto trading, has experienced a security breach, leading to immediate actions to protect its users. As a precaution, the platform has temporarily halted fund withdrawals.
The company disclosed that it fell victim to a security breach compromising its Bitcoin (BTC) and naira assets. However, other cryptocurrencies and customer funds remain unaffected. While the extent of the compromised assets was not disclosed, Patricia has identified one individual involved in the breach with the assistance of law enforcement. It intends to collaborate with authorities and partners to recover the assets.
Although Patricia users have expressed their inconveniences on Twitter due to the suspension of withdrawals, the company emphasizes its continuous efforts to enhance the platform's security
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First found on: Nigerian crypto company suspends withdrawals after BTC and naira compromise
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