Patricia claims system hack, customers’ funds trapped
Prominent Fintech platform Patricia has temporarily suspended withdrawals from its platform after alleging that its systems were recently hacked.
In a statement posted on its official Twitter page, the fintech platform made this admission and explained that the breach affected its retail trading application, compromising its BTC and naira assets.
The fintech platform stated that it was temporarily halting withdrawals to conduct an internal restructuring exercise.
“Not long ago, we were victims of a hack. Patricia, the retail trading application, was solely affected by the breach. BTC and Naira assets were compromised,” the statement by Patricia read.
“In light of this, we are undergoing internal restructuring and temporarily suspending withdrawals on our apps (mobile and web). We understand how this has affected our customers, and are truly appreciative of your patience through these inconveniences,” the statement added.
Patricia further disclosed in the statement that it has tracked down one member of the coordinated gang responsible for the attack and pledged to do all in its power to ensure the return of all the money taken.
However, following Patricia’s admission, Techcabal reported that, despite only recently notifying its customers of the breach, multiple sources familiar with the situation claim that the incident occurred in 2022.
The Patricia app experienced a breach in January 2022, and the company reportedly lost $2 million as a result, according to Techcabal.
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