Nigerian politician arrested for stealing $246,153 from Patricia Technologies cryptocurrency wallet

The Nigeria Police Force (NPF) has reported the arrest of politician Wilfred Bonse for embezzling over 200 million naira ($246,153) from the cryptocurrency wallet of Patricia Technologies. Bonse reportedly collaborated with hackers to launder 50 million naira ($61,538) in stolen funds and faces charges of criminal conspiracy, unauthorized alteration of computer systems and illegal misappropriation of funds worth over 200 million naira. The arrests arose from an investigation by the NPF National Cyber ​​Crime Center, as outlined in a petition to the Inspector-General of Police.

Bonse’s arrest brings promise for Patricia Technologies, a cryptocurrency trading company that has been under investigation since a hacking incident last May. To address customer concerns, Patricia converted assets to native Patricia Token (PTK), promised future refunds, and emphasized integrity and customer trust. The company plans to repay holders one Tether (USDT) token per Patricia token, representing internally managed debt. Despite setbacks from her escrow agent, DLM Trust, Patricia remains on track to repay this month.

In the aftermath of the security breach, Nigeria, a cryptocurrency-savvy country, shows 99% awareness of cryptocurrencies, surpassing the United States and European countries. The survey of 15,158 participants aged 18-65 across 15 countries found that Nigeria leads the way in digital asset knowledge and perceived investment momentum, with 70% understanding the value, operations and fundamentals of blockchain technology. It turns out that there is.