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When TechCabal contacted Patricia to understand the extent and timeline of the breach, the companys CEO, Hanu Fejio, declined to comment.
Three sources who asked to remain anonymous and have firsthand knowledge of the matter told TechCabal that Patricia partially froze withdrawals when the breach happened in January.
BTC and Naira assets were compromised. The company claims that it has identified the source of the breach and is now taking legal action against the syndicated group. Based on conversations with three sources with direct knowledge of the situation, TechCabal can exclusively report that the breach on the Patricia app happened in January 2022 and that the company reportedly lost 2 million in the incident.
Despite only telling users about a breach on its retail trading app this week, several sources with knowledge of the matter say that the incident happened in 2022 and cost the company 2 million.
The retail trading app, Patricia, froze withdrawals for users of its platform this week.
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