Fejiro Hanu, CEO of Nigerian cryptocurrency exchange Patricia, has denied rumors of its closure, calling it a media stunt to attract clicks.
He claimed the exchange remains operational, adding that the information was twisted to fit media outlets’ agenda.
“Good news doesn’t sell as fast as hate/bad news. So everyone is quick to run with the narrative.”
Patricia has been under scrutiny following a hack in May 2023. Despite assurances that customers’ funds were safe, users have had challenges accessing their accounts since April 2023. The lack of access raised concerns of a potential scam and sparked fears for customers with funds stuck on the platform.